Carnival names Costa chairman to run Asia business

Published September 12, 2012 5:05pm ET



MILAN (AP) — The chairman of Italian company Costa Cruises has been appointed to oversee the U.S. parent company’s growing business in Asia.

Carnival Corp. announced Pier Luigi Foschi’s appointment Wednesday. Foschi retired in July as CEO of Costa, which owns the Concordia cruise ship that capsized off of Tuscany in January with more than 4,000 people on board. Thirty-two people died.

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