Gustavo Antorcha Selected as CEO

Register or Login to Hide This Ad for Free!
M

musicman3204

Mar 9, 2010
235
414
160
Hey Everyone. SEAs announced the new CEO, Gustavo Antorcha. Full article:

www.seaworldinvestors.com

SeaWorld Entertainment, Inc. Appoints Gustavo Antorcha as Chief Executive Officer

John T. Reilly Appointed Chief Operating Officer , a leading theme park and entertainment company, today announced that it has appointed Gustavo (Gus) Antorcha as Chief Executive Officer and member of the Board of Directors, effective February 18, 2019. In addition, the Company announced that...
www.seaworldinvestors.com www.seaworldinvestors.com
 
  • Like
  • Wow
Reactions: Zachary, ..…, RollyCoaster and 5 others
Finally! An official CEO and John T. Reilly staying with SEAS as Chief Operating Officer, sweet! It seems Gustavo did really well with Carnival (despite being a cruise ship company) so I have some hopes that he can somehow manage to turn SEAS around.
 
Last edited:
  • Like
Reactions: Alf33
Gustavo did amazing with Carnival, and they made some HUGE growth with him. He's a firm believer in 'spend money to make money' and 'carpe diem'. It sounds like to me they wanted him for some time and he's been talking with them a little while to push the fast rollout!
 
  • Like
Reactions: SLC Headache, RollyCoaster, wombat96 and 3 others
warfelg said:
Gustavo did amazing with Carnival, and they made some HUGE growth with him. He's a firm believer in 'spend money to make money' and 'carpe diem'. It sounds like to me they wanted him for some time and he's been talking with them a little while to push the fast rollout!
Click to expand...

That's a good sign that the company may have wanted him due to his work ethic and I must ask: didn't he work for Carnival when it was going through so many problems with the company and brand? If so then whatever he did must've helped them immeasurably.
 
Lord Robert said:
That's a good sign that the company may have wanted him due to his work ethic and I must ask: didn't he work for Carnival when it was going through so many problems with the company and brand? If so then whatever he did must've helped them immeasurably.
Click to expand...
IIRC he started with them when it was at it's lowest.
 
  • Like
Reactions: Lord Robert
Lord Robert said:
Finally! An official CEO and John T. Reilly staying with SEAS as Chief Operating Officer, sweet! It seems Gustavo did really well with Carnival (despite being a cruise ship company) so I have some hopes that he can somehow manage to turn SEAS around.
Click to expand...

John Reilly already turned SEAS around . . .
 
^Way too early to say that. We as enthusiasts can say we like the direction Reilly has started moving the parks' investments, but the modest financial successes the company has had this past year are most likely largely still a result of Manby's policies.

I think the company made the right choice in choosing a proactive, proven fixer-upper businessman over even the most experienced theme park veteran at this point.
 
  • Like
Reactions: Lord Robert and musicman3204
The past two CEOs before Reilly either made things worse or hardly did much. I don't believe Manby did anything really to help, other than make PR-based decisions like ending the Orca breeding or doing tons of cut backs and stunting the growth IMO.

Reilly was the one who brought actual investment into the company to grow the company and shift the GPs focus and perception of the company.
 
Joe said:
^Way too early to say that. We as enthusiasts can say we like the direction Reilly has started moving the parks' investments, but the modest financial successes the company has had this past year are most likely largely still a result of Manby's policies.

I think the company made the right choice in choosing a proactive, proven fixer-upper businessman over even the most experienced theme park veteran at this point.
Click to expand...

Very much agree with you. Super happy about the first 9 months of 2018, but I'm still worried about Q4. Its the one quarter they had consistent numbers to compare, too. Not to mention, SWSD's rent payments have tracked very closely with the quarterly growth thus far, and in November, that rent payment was down compared to last year. I know one park isn't indicative of the entire company, but it corresponded very closely throughout the year. We will see in just a few short weeks.
 
  • Like
Reactions: Glissade, Mushroom, Lord Robert and 1 other person
You must log in or register to reply here.
Consider Donating to Hide This Ad