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NEWS
Catherine Powell named new Euro Disney president
POSTED 13 Apr 2016 . BY Tom Anstey
Powell replaces the outgoing Tom Wolber, who is returning to the US to take on operational responsibilities for Disney Cruise Line
Disney’s managing director for Australia and New Zealand is making a return to Europe to run Euro Disney.

Catherine Powell, who previously held roles as Disney Media Distribution’s senior vice president for sales and as executive director of sales for the UK and Ireland, Nordics, Benelux region and Israel, will lead Euro Disney as its new president.

Powell replaces the outgoing Tom Wolber, who is returning to the US to take on operational responsibilities for Disney Cruise Line.

“We are thrilled to welcome Catherine to Disneyland Paris,” said Karl Holz, president of New Vacation Operations and Disney Cruise Line. “Catherine has held a variety of senior leadership roles throughout the world for Disney, including in Australia and Europe, and has proven to be an exceptional leader who has the versatility and experience needed to lead the continued success of Disneyland Paris.”

Prior to joining Disney, Powell spent seven years working for BBC Worldwide, holding senior TV sales roles across multiple territories worldwide. She will start her new position in July, working alongside Tom Wolber through a transition period.

Euro Disney has struggled in recent years, with a “continued economic softness, notably in France” blamed by Powell’s predecessor. She joins the company on the back of reduced losses for the 2014-2015 financial year, with net losses of €101.9m (US$116m, £81.2m) against €113.7m (US$129.4m, £90.7m) the year previously. In 2014, Euro Disney agreed a €1bn (US$1.2bn, £785m) restructuring of debt, with the Paris-based theme park receiving backing from its largest shareholder – Walt Disney.
RELATED STORIES
  Invesco sells stake in struggling Euro Disney


Following the €1bn (US$1.2bn, £785m) restructuring of debt and multi-million euro net loss for 2014 of Euro Disney, fund manager Invesco has sold its 6 per cent stake in the company ahead of a €420m (US$527m, £329m) rights issue by Disney which will be open to all investors.
  French Prime Minister breaks ground on Euro Disney's 'organic city' resort


French Prime Minister Manuel Valls yesterday afternoon (11 December) attended the breaking ground ceremony for the €700m (US$871m, £554m) Villages Nature, a joint venture between Euro Disney and Pierre & Vacances- Center Parcs Group.
  Struggling Euro Disney reports €114m net loss for 2014


Following its recent €1bn (US$1.2bn, £785m) restructuring of debt from its parent company Disney, Euro Disney has reported a multi-million euro net loss, with revenues for the year down two per cent on 2013.
  Walt Disney secures future of Euro Disney with €1bn refinancing


Euro Disney has agreed a €1bn (US$1.2bn, £785m) restructuring of debt, with the Paris-based theme park receiving backing from its largest shareholder – Walt Disney.
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Getty Museum refuses to surrender prized Greek bronze to Italy
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NEWS
Catherine Powell named new Euro Disney president
POSTED 13 Apr 2016 . BY Tom Anstey
Powell replaces the outgoing Tom Wolber, who is returning to the US to take on operational responsibilities for Disney Cruise Line
Disney’s managing director for Australia and New Zealand is making a return to Europe to run Euro Disney.

Catherine Powell, who previously held roles as Disney Media Distribution’s senior vice president for sales and as executive director of sales for the UK and Ireland, Nordics, Benelux region and Israel, will lead Euro Disney as its new president.

Powell replaces the outgoing Tom Wolber, who is returning to the US to take on operational responsibilities for Disney Cruise Line.

“We are thrilled to welcome Catherine to Disneyland Paris,” said Karl Holz, president of New Vacation Operations and Disney Cruise Line. “Catherine has held a variety of senior leadership roles throughout the world for Disney, including in Australia and Europe, and has proven to be an exceptional leader who has the versatility and experience needed to lead the continued success of Disneyland Paris.”

Prior to joining Disney, Powell spent seven years working for BBC Worldwide, holding senior TV sales roles across multiple territories worldwide. She will start her new position in July, working alongside Tom Wolber through a transition period.

Euro Disney has struggled in recent years, with a “continued economic softness, notably in France” blamed by Powell’s predecessor. She joins the company on the back of reduced losses for the 2014-2015 financial year, with net losses of €101.9m (US$116m, £81.2m) against €113.7m (US$129.4m, £90.7m) the year previously. In 2014, Euro Disney agreed a €1bn (US$1.2bn, £785m) restructuring of debt, with the Paris-based theme park receiving backing from its largest shareholder – Walt Disney.
RELATED STORIES
Invesco sells stake in struggling Euro Disney


Following the €1bn (US$1.2bn, £785m) restructuring of debt and multi-million euro net loss for 2014 of Euro Disney, fund manager Invesco has sold its 6 per cent stake in the company ahead of a €420m (US$527m, £329m) rights issue by Disney which will be open to all investors.
French Prime Minister breaks ground on Euro Disney's 'organic city' resort


French Prime Minister Manuel Valls yesterday afternoon (11 December) attended the breaking ground ceremony for the €700m (US$871m, £554m) Villages Nature, a joint venture between Euro Disney and Pierre & Vacances- Center Parcs Group.
Struggling Euro Disney reports €114m net loss for 2014


Following its recent €1bn (US$1.2bn, £785m) restructuring of debt from its parent company Disney, Euro Disney has reported a multi-million euro net loss, with revenues for the year down two per cent on 2013.
Walt Disney secures future of Euro Disney with €1bn refinancing


Euro Disney has agreed a €1bn (US$1.2bn, £785m) restructuring of debt, with the Paris-based theme park receiving backing from its largest shareholder – Walt Disney.
MORE NEWS
The Park Playground opens first immersive VR franchise in Porto
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal.
Bridgerton Season three – most Instagrammed locations
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations.
Getty Museum refuses to surrender prized Greek bronze to Italy
The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity.
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
Vietnam Van Gogh exhibition uses VIOSO-powered immersive installations
Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam.
+ More news   
 
COMPANY PROFILES
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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