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Reading: Alton Towers and Legoland chief to go away after two years
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Michigan Post > Blog > Business > Alton Towers and Legoland chief to go away after two years
Business

Alton Towers and Legoland chief to go away after two years

By Editorial Board Published November 27, 2024 2 Min Read
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Alton Towers and Legoland chief to go away after two years

Alton Towers and Legoland chief to go away after two years

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

Sources stated an announcement was prone to be made afterward Wednesday.

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Fiona Eastwood might be appointed as interim CEO whereas a everlasting successor is recognized, insiders stated.

Mr O’Neil changed the Merlin veteran Nick Varney in late 2022, placing him accountable for one of many world’s greatest operators of theme parks and customer points of interest.

The corporate additionally counts Chessington World of Adventures, the London Eye and Thorpe Park amongst its different prime property within the UK.

In complete, it operates 140 points of interest globally, and boasts greater than 60 million guests yearly.

Final week, Merlin unveiled plans to open a sequence of Minecraft-themed parks together with the house owners of the globally profitable online game.

It additionally plans to open a Legoland in Shanghai subsequent 12 months, which might be its first in China and the most important on the planet.

Merlin is owned by Blackstone and a car owned by the household behind the Lego empire and Canada’s largest pension fund.

Final 12 months, it noticed report group revenues, up 8% to £2.1bn, and adjusted earnings earlier than curiosity, tax, depreciation and amortisation of £662m.

Merlin declined to remark.

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