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NEWS
Antorcha leaves SeaWorld after seven months, interim CEO in place
POSTED 17 Sep 2019 . BY Andy Knaggs
Gus Antorcha joined SeaWorld from Carnival Cruise Lines in February 2019
SeaWorld CEO Gus Antorcha has resigned from his position after just seven months in the role, with chief financial officer Marc Swanson stepping up as interim chief executive officer.

Antorcha, who joined in February from Carnival Cruise Lines, commented: "While I may have a difference of approach, I continue to believe in SeaWorld's strategy, mission, team and prospects."

Chief accounting officer Elizabeth Castro Gulacsy has been appointed interim chief financial officer, while continuing in her previous role, and Antorcha added: "Marc and Elizabeth are fine leaders, and I am confident in their abilities to guide the company forward."

Scott Ross, chairman of SeaWorld's Board of Directors, thanked Antorcha for his contribution, before quickly detailing the qualities of Swanson and Gulacsy. He said: "We know Marc and Elizabeth will be excellent leaders in their new roles and will continue to successfully drive the business forward.

"Marc has been with the company for 19 years and has a deep understanding of the company, its parks and its strategy. He has been a key contributor to the success of the business for several years. Elizabeth has been with the company for seven years and has extensive knowledge of the company and its financial profile."

SeaWorld's recent results showed an upswing after a number of years of decline, much of it caused by controversy over captive cetaceans in its parks. Visitor numbers for the first six months of 2019 were 9.8 million – a 1.7 per cent rise year on year. Earnings were up by 34 per cent to US$166m (€151m, £134m) over that period.

Antorcha had recently spoken positively about his initiatives to turn SeaWorld around, including measures designed to make the company more cost-efficient. As reported in the latest edition of Attractions Management, he said: "We're going to continue to find ways to become more efficient without impacting the guest experience."
MORE NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
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NEWS
Antorcha leaves SeaWorld after seven months, interim CEO in place
POSTED 17 Sep 2019 . BY Andy Knaggs
Gus Antorcha joined SeaWorld from Carnival Cruise Lines in February 2019
SeaWorld CEO Gus Antorcha has resigned from his position after just seven months in the role, with chief financial officer Marc Swanson stepping up as interim chief executive officer.

Antorcha, who joined in February from Carnival Cruise Lines, commented: "While I may have a difference of approach, I continue to believe in SeaWorld's strategy, mission, team and prospects."

Chief accounting officer Elizabeth Castro Gulacsy has been appointed interim chief financial officer, while continuing in her previous role, and Antorcha added: "Marc and Elizabeth are fine leaders, and I am confident in their abilities to guide the company forward."

Scott Ross, chairman of SeaWorld's Board of Directors, thanked Antorcha for his contribution, before quickly detailing the qualities of Swanson and Gulacsy. He said: "We know Marc and Elizabeth will be excellent leaders in their new roles and will continue to successfully drive the business forward.

"Marc has been with the company for 19 years and has a deep understanding of the company, its parks and its strategy. He has been a key contributor to the success of the business for several years. Elizabeth has been with the company for seven years and has extensive knowledge of the company and its financial profile."

SeaWorld's recent results showed an upswing after a number of years of decline, much of it caused by controversy over captive cetaceans in its parks. Visitor numbers for the first six months of 2019 were 9.8 million – a 1.7 per cent rise year on year. Earnings were up by 34 per cent to US$166m (€151m, £134m) over that period.

Antorcha had recently spoken positively about his initiatives to turn SeaWorld around, including measures designed to make the company more cost-efficient. As reported in the latest edition of Attractions Management, he said: "We're going to continue to find ways to become more efficient without impacting the guest experience."
RELATED STORIES
FEATURE: People profile: Gus Antorcha


SeaWorld's new CEO Gus Antorcha on the company's new direction as it starts to recover following several years of turmoil
SeaWorld bounce back continues with strong first half results


SeaWorld has reported further growth in visitor numbers and revenue in its Q2 and half year results, with total revenue reaching US$626.6m (€559.43m, £514.5m) for the first six months of 2019.
Zhonghong loan default will not affect SeaWorld finances, says Antorcha


SeaWorld CEO Gus Antorcha has revealed more details about its failed China projects, after its majority shareholder, Zhonghong Group, defaulted on outstanding loan payments forcing the operator to terminate exclusivity agreements with the property developer.
Major SeaWorld shareholder defaults on payments, China agreements cancelled


SeaWorld has terminated agreements with its major shareholder for park exclusivity and design in China, citing "non-payment of undisputed amounts" owed to it.
MORE NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
Populous reveals plans for major e-sports arena in Saudi Arabia
Populous have unveiled their plans for a state-of-the-art e-sports arena, designed to stand as a central landmark in Qiddaya City’s gaming and e-sports district, Saudi Arabia.
Raby Castle reveals ambitious plans to become a major visitor destination
Raby Castle, known as one of the finest medieval fortifications in England, is nearing the end of an ambitious two-year renovation project.
+ More news   
 
COMPANY PROFILES
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


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Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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