Pier Luigi Foschi was CEO at Costa Cruises at the time of the disaster.
Many people believe that Foschi
and other senior Costa officials knew that their captains were altering the cruise routes and performing dangerous "flybys" but diverted attention from themselves by foisting all of the attention and blame on Captain Schettino.
Carnival announced yesterday Foschi is retiring from the Carnival organization after 16 years.
had retired from Costa
in the summer of 2012, six months after the Concordia capsized.
then named him as the CEO of the Carnival-Asia operations.
The Miami Herald
says that Foschi
is receiving a bonus of 1,250,000 euros ($1.7 million) as part of a separation agreement.
According to the Independent newspaper, Foschi
was paid $3,970,000 in 2012, for the one year period after the Concordia debacle.
also reportedly has shares worth $4,700,000.
Carnival Chairman Micky Arison
yesterday for his
contribution to Carnival's
The cruise blog Noticias de Cruceros published an interesting article today about the former president and CEO of Costa Crociere
, Pier Luigi Foschi
new position, Foschi
will be responsible for setting up the new company's corporate offices in Singapore and to direct and assist the operating units of the company in its business ventures in Asia.
Currently, the Asian operations of Carnival Corporation
include two ships of Costa Cruises
, based in China and Singapore, as well as the Princess Cruises' Sun Princess which will will begin a series of routes from Japan next spring.
Mr. Foschi will continue in his current position as president and CEO of the Costa group, and will remain a member of the board of directors of Carnival Corporation.
As the president of Carnival Asia
extensive experience in the Asian market, having overseen Costa entry in the region in 2006.