After announcing his acceptance of a seat on the on the Board of Directors of YTB International, Inc. on April 30, Robert H. Dickinson, former president and CEO of Carnival Cruise Lines, rescinded his decision.
"Upon further review I have respectfully decided not to accept a Board position with YTB," Dickinson said in a statement issued by YTB. "After careful consideration of my personal and retirement objectives, I determined that I should not commit to that appointment.”
YTB's Chairman, Lloyd Tomer commented, "We understand Bob's decision to reconsider joining our Board in order to address other personal opportunities and wish him the very best in his endeavors. He is a friend and supporter of YTB.”
YTB announced the appointment of Paul Hemings to its Board of Directors, effective as of May 1. Hemings is a group director of sales for Energizer Holdings, Inc., and a veteran of Procter & Gamble. Hemings will take the seat vacated by Dickinson.
YTB International provides internet-based travel services, and reported $141 million in revenue for 2007 and $3.2 million in net income. The company is publicly owned.