NEWS
Former SeaWorld CEO Jim Atchison leaves company in board shakeup
POSTED 18 Apr 2016 . BY Tom Anstey
Atchison was appointed SeaWorld CEO in 2009 and was replaced by Joel Manby last year
SeaWorld Entertainment has announced the departure of former CEO Jim Atchison from the company’s board, also appointing two veteran theme park industry executives – Ron Bension and Donald Robinson – to roles at the head of the company.

Atchison, who faced difficulties stemming from the anti-SeaWorld documentary Blackfish, stepped down as CEO in January 2015, having held the position since 2009. He resigned from the company’s board on 15 April, but will still work with SeaWorld for the next three years as a consultant.

Ron Bension, president of House of Blues Entertainment at Live Nation, and former chair and CEO of MCA/Universal Studios Recreation Group, succeeds Atchison, taking up a role as a director for the company. Bension has extensive theme park experience having handled all aspects for the running of both Universal Studios in Hollywood and Orlando, in addition to developing several joint venture projects.

Donald Robinson, who is a former executive vice president of Hong Kong Disneyland, has been nominated to fill the seat left by the retiring Joe Baratta. With 30 years of experience in the industry, Robinson has extensive operations expertise across the theme park, retail, restaurant, resort and entertainment sectors.

"As we have transformed SeaWorld over the past year, the board has taken decisive action on several fronts to best serve the interests of all our shareholders and other stakeholders,” said SeaWorld chair David D'Alessandro.

“Adding these two independent theme park industry veterans to our already broadly experienced board, together with enhancements to our governance practices, is consistent with our priorities and reflects constructive input from our shareholders.”

SeaWorld has been trending positively in recent times, with its recent announcement to end orca captivity in its parks and a near 20 per cent jump in stock value, which is predicted to rise even higher as the year goes on.
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Stock analysts have predicted a positive year for SeaWorld, with shares in the company expected to rise as high in value as US$27 (€24, £19) in the next year.
  SeaWorld ending orca captivity at its parks


SeaWorld has announced that it is ending orca captivity at its parks.
  SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion


Attendances and revenues at SeaWorld attractions during 2015 were reported as almost the same as the previous year, as CEO Joel Manby insists the marine park company is stabilising.
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As SeaWorld continues to reshape and rebuild its brand, restore its public image and turn around lagging attendances, the operator has unveiled new plans for a major aquarium- based attraction, featuring a submarine ride at its park in San Diego.
 


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18 Apr 2016

Former SeaWorld CEO Jim Atchison leaves company in board shakeup
BY Tom Anstey

Atchison was appointed SeaWorld CEO in 2009 and was replaced by Joel Manby last year

Atchison was appointed SeaWorld CEO in 2009 and was replaced by Joel Manby last year

SeaWorld Entertainment has announced the departure of former CEO Jim Atchison from the company’s board, also appointing two veteran theme park industry executives – Ron Bension and Donald Robinson – to roles at the head of the company.

Atchison, who faced difficulties stemming from the anti-SeaWorld documentary Blackfish, stepped down as CEO in January 2015, having held the position since 2009. He resigned from the company’s board on 15 April, but will still work with SeaWorld for the next three years as a consultant.

Ron Bension, president of House of Blues Entertainment at Live Nation, and former chair and CEO of MCA/Universal Studios Recreation Group, succeeds Atchison, taking up a role as a director for the company. Bension has extensive theme park experience having handled all aspects for the running of both Universal Studios in Hollywood and Orlando, in addition to developing several joint venture projects.

Donald Robinson, who is a former executive vice president of Hong Kong Disneyland, has been nominated to fill the seat left by the retiring Joe Baratta. With 30 years of experience in the industry, Robinson has extensive operations expertise across the theme park, retail, restaurant, resort and entertainment sectors.

"As we have transformed SeaWorld over the past year, the board has taken decisive action on several fronts to best serve the interests of all our shareholders and other stakeholders,” said SeaWorld chair David D'Alessandro.

“Adding these two independent theme park industry veterans to our already broadly experienced board, together with enhancements to our governance practices, is consistent with our priorities and reflects constructive input from our shareholders.”

SeaWorld has been trending positively in recent times, with its recent announcement to end orca captivity in its parks and a near 20 per cent jump in stock value, which is predicted to rise even higher as the year goes on.



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