Seaworld chief resigns

Saturday, 12 Dec, 2014 0

Seaworld chief executive Jim Atchison has resigned.

Current board chairman David F D’Alessandro will serve as interim chief executive and will continue to be chairman.

Atchison will become vice Chairman of the Board.

Earlier this year, Seaworld admitted visitor numbers have dropped following a 2013 film, Blackfish, which criticised its California park’s treatment of killer whales.

Its share price has fallen 44% this year.

In the statement today, Seaworld said it would continue with plans to make $50 million cost savings by the end of 2015.

"The restructuring will result in the loss of some positions, and the company will offer severance benefits to those impacted," it said.



 

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Bev

Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.



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