Alton Towers and Legoland chief to leave after two years

Last Updated: November 27, 2024Categories: BusinessBy Views: 40

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The boss of Merlin Entertainments, the theme park extensive which owns Legoland and Alton Towers, is to step down after factual two years within the job.

Sky Facts has learnt that Scott O’Neil, a feeble boss of the Philadelphia 76ers basketball group, is to circulation away Merlin at the cease of the one year to take an undisclosed feature in varied locations.

Sources said an announcement turn out to be once more likely to be made afterward Wednesday.

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Fiona Eastwood shall be appointed as length in-between CEO while a eternal successor is identified, insiders said.

Mr O’Neil modified the Merlin outdated-fashioned Cut Varney in late 2022, placing him in cost of one of many enviornment’s biggest operators of theme parks and customer attractions.

The company also counts Chessington World of Adventures, the London Ogle and Thorpe Park amongst its other high property within the UK.

In total, it operates 140 attractions globally, and boasts greater than 60 million company once a year.

Final week, Merlin unveiled plans to birth out a series of Minecraft-themed parks at the side of the house owners of the globally a success video game.

It also plans to birth out a Legoland in Shanghai subsequent one year, that would very successfully be its first in China and the biggest on this planet.

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Merlin is owned by Blackstone and a automotive owned by the family within the aid of the Lego empire and Canada’s biggest pension fund.

Final one year, it seen file neighborhood revenues, up 8% to £2.1bn, and adjusted earnings ahead of curiosity, tax, depreciation and amortisation of £662m.

Merlin declined to statement.

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