Wow. What a day of news at SEAS...
Are the birdies chirping about anything?He had only been there since mid-February and he was the result of a seemingly-eternal CEO search. This paired with all of the park executive level resignations over the last few months really has to make you wonder what the fuck is happening at corporate right now...
Also thanks for updating my titles to something much more clever.. I see these news items and I'm more focused on getting the info out there than I am coming up with a great title.Beyond aggressive cuts and tightening shoe strings everywhere, no. This is all above my pay grade. 😋
I think unlikely because then he would have to leave Hillpath capital and then would no longer be one of their representatives on the boardI've never understood that. If a chairman is going to be that involved, why have a separate CEO.
What are the odds on Scott becoming the new CEO?
Yes but Scott is only Chairman of the board because of his role at Hillpath and them being SEAS largest shareholder. Elon can be chairman of the board and CEO because he actually owns those shares. Scott doesn't actually own those shares. The company he works for does. So if he wanted to be CEO then he would have to leave his role at Hillpath which would mean they would want someone else to have his board seat.It's not unheard of the the chairman of the board and CEO to be the same person. Elon Musk did it for a long time with Tesla before he got in trouble with the SEC for his mouth.
I actually think it is coincidence from what I've been able to gather they have been slowly moving some operations to outside call centers and reducing the staff in Orlando for some time.All that aside; I think we would be naive to not consider the call center closure and the resignation to be related.
Don't know it for a fact, but it would not surprise me if Gus wanted to keep the domestic call center open and the board wanted to go full on outsourced.
Board overrules Gus and closes the call center this morning. Gus realized he doesn't control the company and offers his resignation this afternoon.
^ pure speculation but is based on what we know.