On Thursday, Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL), lost -0.28% to $78.78.
On June 15, Royal Caribbean Cruises, declared the promotion of Dr. Zinan Liu to the global cruise brand’s President for the China and North Asia Pacific region. Zinan joined Royal Caribbean International in 2009 and has been spearheading all of Royal Caribbean’s commercial and operational activities, and significantly growing the brand in the region, counting opening offices in Beijing, Guangzhou and Hong Kong, and bolstering the brand’s operations in Shanghai.
“These are exciting times for Royal Caribbean International as we continue to build our business in China,” said Michael Bayley, President and CEO of Royal Caribbean International. “I am confident that Zinan’s expertise as a global travel veteran, his strong relationships in the region, and astute business acumen, will put us in a powerful position to reach our aims.”
Zinan holds a doctoral degree in economics from the University of London, and also is Chairman of Cruise Lines International Association, North Asia, where he has been an influential spokesman for the cruise industry in the region.
Royal Caribbean Cruises, Ltd. operates as a cruise company. The company operates cruisers under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names.
Finally, CNO Financial Group, Inc. (NYSE:CNO), ended its last trade with -0.27% loss, and closed at $18.33.
CNO Financial Group, declared that John Kline, Senior Vice President and Chief Accounting Officer, and Erik Helding, Senior Vice President, Treasury and Investor Relations, have been designated to oversee the financial operations of the Company on an interim basis until a successor to Chief Financial Officer Frederick J. Crawford is named. Mr. Crawford has resigned, effective right away, to accept another employment opportunity. Messrs. Kline and Helding will report directly to Ed Bonach, Chief Executive Officer of CNO, and will also continue to perform their current duties during the interim period. The Company is launching a search of both internal and external candidates to identify a new CFO.
“John and Erik are important members of the CNO senior leadership team and we have complete confidence in their expertise,” Mr. Bonach said. “Each has distinguished himself as an practiced and talented finance professional whose integral role in our Company and capable leadership ensures continuity and stability across all of our finance functions.”
“We thank Fred for his contributions to CNO over the past three years and wish him well in his new position,” continued Mr. Bonach. “Fred added noteworthy value to CNO, and he leaves us with a strong financial foundation, highly effective financial capabilities and processes, and an outstanding finance team that will oversee our operations as we conduct the search for a new CFO.”
CNO Financial Group, Inc., through its auxiliaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States.
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