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SeaWorld Entertainment Inc. named an interim chief executive officer after its current CEO stepped down amid signs of a dispute — marking another management upheaval for the struggling theme-park operator.
Marc Swanson, who was chief financial officer, has been named interim CEO, the company said Monday, replacing Gustavo Antorcha, who was appointed in February. Elizabeth Castro Gulacsy, formerly chief accounting officer, was named interim finance chief.
Antorcha referred to some apparent disagreements in the statement announcing his exit. “While I may have a difference of approach, I continue to believe in SeaWorld’s strategy, mission, team, and prospects,” he said.
SeaWorld struggled to find its footing after a 2013 documentary criticized its handling of captive killer whales. Revenue is below where it stood six years ago, and the company suffered three years of losses before returning to profitability in 2018. It’s had six CEOs since 2014, including some appointed on an interim basis.
Both Swanson and Gulacsy are longtime company employees. The board has retained a search firm to find Antorcha’s successor.
©2019 Bloomberg L.P.
This article was written by Christopher Palmeri from Bloomberg and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to legal@newscred.com.
Photo Credit: The entrance to SeaWorld, in Orlando, Florida, is shown here. SeaWorld CEO Gustavo Antorcha resigned after seven months on the job amid signs of a dispute with the board. John Raoux / Associated Press
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