Published on : Monday, August 14, 2017
Ardent appointed former Walt Disney executive Randy Garfield as an independent non-Executive Director, after a search by global recruitment firm Heidrick & Struggles.
The group (AAD) appears set to appoint a second US-based director Randy Garfield by saying that the board was in advanced discussions with another proposed appointment.
The moves come after Ardent Leisure’s chief executive Simon Kelly told investors not to underestimate the potential of the group’s US business and defended the performance of Dreamworld, where four visitors were killed in a tragic accident last year.
Randy Garfield has worked in senior roles at The Walt Disney Company for almost 21 years, including as Executive Vice President of worldwide sales and travel operations for the group’s theme parks.
He was earlier Vice President of sales at Universal Studios Hollywood, and has held board roles at the US Travel Association, Brand USA and Destination Canada.
The Chairman of Ardent, George Venardos said the appointment of the new director would insert a significant experience in global marketing, tourism, leisure and sales operations to the company.
The expertise will be critical in improving the brand awareness and the operational and financial performance of Main Event as well as supporting the recovery of Dreamworld.
The Chairman of Ardent Lesiures also said that the new appointment is the first stage of the board renewal process that is ensuring a balanced board composition which appropriately reflected the geographic earnings of the business.
The dissenter shareholders led by Ariadne and advised by Investec are seeking four seats on the Ardent Lesiure board at a September 4 meeting.
Ardent Leisure is advised by Goldman Sachs and Credit Suisse.