Arnold Donald, one year into his tenure as CEO of Carnival Corp., is focusing on double-digit returns on invested capital to the company in the next three to five years. Donald, from St. Louis, has reportedly taken a higher-profile role than his predecessor, focusing on being more “media savvy.”
Carnival experienced a rough 18-month stretch after Costa Concordia wreck in 2012 and the more recent fire on a ship in the Gulf of Mexico. Carnival’s competitors are reserving judgement on Donald until he has been in his role longer, the Miami Herald reported.
Donald earned a degree in mechanical engineering from Washington University before joining Monsanto as a chemical maker in 1977. He supervised the company’s Roundup weed killer business before leading a group that purchased Monsanto’s Equal sweetener operation in 2000.