Karl Holz, president of Disney Cruise Line and New Vacation Operations has announced his retirement effective February 15, 2018.
Karl Holz began his Disney career in 1996 as vice president of Downtown Disney at Walt Disney World, then moved to vice president of Epcot, followed by senior vice president of Walt Disney World Operations before being named president of Disney Cruise Line in 2003.
In 2004, Holz became president and chief executive officer of Disneyland Paris, then was promoted to his current position in 2009.
Holz is being replaced by Anthony Connelly, who is currently the executive vice president of Operations and Project Delivery at Walt Disney Imagineering, but previously served as executive vice president of operations for Disney Cruise Line.
The transition in leadership is expected to begin October 1, 2017.
Source: Disney Cruise Line Blog