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Scott Ross found his new puppet.




SeaWorld Entertainment, Inc. Appoints Sergio D. Rivera as Chief Executive Officer and Member of its Board of Directors

November 07, 2019

The Company also appoints Neha Jogani Narang to its Board of Directors


ORLANDO, Fla., Nov. 7, 2019 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today announced the appointment of Sergio (Serge) D. Rivera to the position of Chief Executive Officer and member of the Board of Directors, effective November 11, 2019. The Company also announced today that Neha Jogani Narang will be appointed to its Board of Directors, effective November 11, 2019. These appointments will increase the size of the Board of Directors to nine members.


Mr. Rivera previously served as the President and Chief Executive Officer of ILG, Inc.'s Vacation Ownership Segment, where he was responsible for development, sales, marketing and resort operations. Prior to ILG, Mr. Rivera was the President of the Americas for Starwood Hotels & Resorts Worldwide and was responsible for the performance and growth of Starwood's brands and its owned, managed and franchised businesses in North America, the Caribbean, Central and South America, and Polynesia.


"Serge has a strong track record as a leader and operator in the hospitality and leisure industries," said Scott Ross, Chairman of the Board of Directors of SeaWorld Entertainment, Inc. "Serge brings to SeaWorld exceptional leadership and management skills across sales, marketing, operations, development, finance and commercial management." 


Ross continued, "The strategy we have in place for SeaWorld continues to work and we have made good progress. We look forward to Serge's leadership as we continue to improve and accelerate our execution through enhanced marketing and communications initiatives, more effective pricing strategies, cost and capital efficiencies and the introduction of new and compelling rides, attractions and events across our portfolio."


Mr. Rivera said, "I am thrilled to join the SeaWorld team. The Company has an exceptional business model, an irreplaceable set of assets and an incredibly talented group of ambassadors who are driving extraordinary service and experiences for our guests. While very strong progress has been made executing against the long-term plan in place, I know that there's more to do to ensure that the long-term potential of the business is fully unlocked. I look forward to working with this very talented team to further improve our execution and dramatically increase shareholder value."


Rivera continued, "Importantly, I also want to express how proud I am to join an organization and team that is so committed to the highest standard of animal care and makes enormous and important contributions to conservation, animal rescue, research and education."


Marc Swanson, who assumed the position of Interim Chief Executive Officer in September 2019, will return to his former role as Chief Financial Officer. Elizabeth Castro Gulacsy, who has been serving as Interim Chief Financial Officer, will return to her former role of Chief Accounting Officer. 


Ross added, "We thank Marc and Elizabeth for their leadership while we conducted our search. We look forward to them working closely with Serge to drive operational excellence across the Company."


Appointment of Neha Jogani Narang to Board of Directors

The Company also announced today that Neha Jogani Narang will be appointed to its Board of Directors.


Ms. Narang most recently was the director of consumer and developer marketing for Facebook where she led marketing for several businesses from inception, including Mobile App Ads, Facebook Marketplace, Facebook Platform, Profile, Pages, Events, and more.


Ross said, "We are extremely excited to have Neha join our Board of Directors. Neha has a unique and highly valuable background in consumer marketing, brand, product, digital media, ecommerce and technology. She brings to our board experience and insights that will ensure our marketing and communication efforts are fully aligned with the current realities of our customer base."


"I am honored to serve on the SeaWorld Board of Directors," said Narang. "My family and I are enormous advocates of SeaWorld, its incredible entertainment destinations, and very importantly, its commitment to education and conservation. Prior to joining the board, I spent a lot of time at SeaWorld and was fortunate to meet with the Company's zoological experts and leaders of the rehabilitation centers. What I found was an organization passionate about the health and well-being of the animals in its care and in educating guests about wildlife. As the marketing and communications functions continue to evolve, I am confident that I can bring to bear my understanding of consumer marketing and technology to help SeaWorld better connect with the communities they serve."


About Sergio (Serge) Rivera
Mr. Rivera previously served as President and CEO of ILG Vacation Ownership Segment, a leading provider of professionally delivered vacation experiences and the exclusive global licensee for the Hyatt®, Sheraton®, and Westin® brands. Prior to that, he served as the President of the Americas for Starwood Hotels & Resorts Worldwide, where he was responsible for the performance and growth of Starwood's brands and businesses in North America, the Caribbean, Central and South America, and Polynesia, which encompassed 700 hotels and 125,000 associates across 23 countries. Mr. Rivera also serves on the Board of Directors for Welltower Inc. (NYSE: WELL), as a member of Florida International University's Chaplin School of Tourism & Hospitality Management Advisory Board and as a Trustee for The Nature Conservancy's Florida Chapter. Previously, he served on the Board of Directors of ILG, Inc., the Rosen College of Hospitality Dean's Advisory Board at the University of Central Florida, the U.S. Travel Association CEO Roundtable and as a Trustee and Board Member of the American Resort Development Association. He holds a bachelor's degree in finance and a master's degree in business administration from Florida International University.


About Neha Jogani Narang
Neha Jogani Narang is a leader in business and consumer marketing, with an expertise in product, partnerships and brand marketing. She has led marketing strategy for brands across multiple industries including commerce, social, payments, CPG, advertising, education and logistics. Ms. Narang advises companies of various sizes on how to structure their marketing organization and prioritize marketing needs. Ms. Narang also serves on the Board of the Boys and Girls Clubs of San Francisco. Prior to that, Ms. Narang was director of consumer product marketing and global developer marketing for Facebook, where she was responsible for marketing several businesses within Facebook from inception to market leaders, developing a strong community engagement program to reach the Facebook community and leading Facebook's largest conference, F8.  She earned an M.B.A from Stanford University Graduate School of Business and bachelor's degree from the University of Southern California. 


About SeaWorld Entertainment, Inc.
SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. The Company is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry and veterinary care. The Company collectively cares for what it believes is one of the largest zoological collections in the world and has helped lead advances in the care of animals. The Company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 36,000 animals in need over the last 55 years.  SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld®, Busch Gardens®, Aquatica®, Sesame Place® and Sea Rescue®. Over its more than 55-year history, the Company has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States, many of which showcase its one-of-a-kind zoological collection. The Company's theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests.


Copies of this and other news releases as well as additional information about SeaWorld Entertainment, Inc. can be obtained online at www.seaworldentertainment.com. Shareholders and prospective investors can also register to automatically receive the Company's press releases, SEC filings and other notices by e-mail by registering at that website.


Edited by Medusa42
Renamed the topic SeaWorld Entertainment Corporate News
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  • 4 months later...

Same issue as the last one. 


The board of directors either needs to stay out and let the CEO do his job, or they need to just appoint someone who knows it's their job to rubber stamp all their decisions. 


They SHOULD have just made John Reilly the CEO after he served as interim CEO for almost a year and did a great job in the role.

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  • 2 weeks later...

SeaWorld is attempting to keep some executives with the company for the next two years.  It is unlikely these people will quit before the stock rewards are vested.



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 12, 2020, in connection with a review of compensation matters, the Compensation Committee of the Board of Directors of SeaWorld Entertainment, Inc. (the “Company”), approved certain equity awards designed to recognize employees for their extraordinary contributions and continued expected contributions to the Company and its long term goals during the global COVID-19 pandemic. To that end, time based restricted stock unit awards with the following values were granted: $1,500,000 to Marc Swanson, $1,312,500 to Walter Bogumil, $1,176,000 to G. Anthony (Tony) Taylor, $975,000 to Christopher (Chris) Dold, $937,500 to Elizabeth Gulacsy and $910,000 to Sharon (Sherri) Nadeau on April 13, 2020. The restricted stock units will vest 50% on each of the first two anniversaries of the grant date, subject to the recipient’s continued employment on each such vesting date with the number of units determined based upon the volume weighted share price over the 10 previous trading days.


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  • 3 months later...

I can see them trying Texas again. The Walmart near Six Flags Over Texas was where the second Sesame Place was. They could also acquire the Sesame Park in Mexico. Ohio and Ontario I also think are good markets.


Wildcard: Shliterbahn Kansas City -> Sesame Place Kansas City?

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8 hours ago, Pineracer said:

I can see them trying Texas again. The Walmart near Six Flags Over Texas was where the second Sesame Place was. They could also acquire the Sesame Park in Mexico. Ohio and Ontario I also think are good markets.


Wildcard: Shliterbahn Kansas City -> Sesame Place Kansas City?

move walmart somewhere else, this big bird texas home

Edited by harry2004
  • Haha 1
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  • 4 weeks later...

Back in 2017 the Chinese investment group was really pushing for hotels to be added, and artwork for the hotels at Busch Gardens Tampa and SeaWorld Orlando has surfaced:





To bad they never came to pass...

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