WHY IT RATES: Adams brings valuable experience as former CFO at The Cosmopolitan of Las Vegas, and in her previous roles as Partner-in-charge of the Hospitality and Gaming Industry Group at RubinBrown LLP, and a Manager at Deloitte & Touche LLP. - Laurie Baratti, TravelPulse Associate Writer
SeaWorld Entertainment, Inc., a leading theme park and entertainment company, today announced that Michelle "Chelle" F. Adams will assume the role of Chief Financial Officer (CFO) and Treasurer effective today.
Ms. Adams served as the Chief Financial Officer of The Cosmopolitan of Las Vegas where she was responsible for oversight of the company's day-to-day external and internal accounting and reporting functions, driving business transformation and process improvement across the organization, and playing a key role in the successful sale of The Cosmopolitan of Las Vegas last month. Prior to joining The Cosmopolitan of Las Vegas, Adams was the Partner-in-charge of the Hospitality and Gaming Industry Group at RubinBrown LLP and a Manager at Deloitte & Touche LLP.
"We are thrilled to have Chelle join our leadership team. Chelle brings strong finance experience and a long and successful track record as a leader in the leisure and hospitality industries," said Marc Swanson, Chief Executive Officer of SeaWorld Entertainment, Inc.
"I am excited to join Marc, the senior leadership team, and the SeaWorld ambassadors in this executive role," said Adams. "I've been a fan and guest of the SeaWorld family of parks, and an admirer of the business, for many years. SeaWorld is an incredible company with an irreplaceable set of assets, an exceptionally high quality and resilient business model, and an extremely talented group of ambassadors. Together, we will work to continue to improve on our execution of the strategic plan to realize the full potential of this amazing company and significantly increase value for all stakeholders."
Adams continued, "I also want to express how proud I am to join an organization and team that is so committed to the highest standard of animal care and makes enormous and important contributions to conservation, animal rescue, research and education."
Adams replaces Elizabeth Castro Gulacsy, who previously announced her intention to retire from SeaWorld as CFO effective December 31, 2022, or upon the appointment of her successor, if earlier. Elizabeth will continue to remain with the Company for the next several months and then serve in a consulting capacity with the Company for an extended period to ensure a smooth transition.
"On behalf of the Board and the whole company, I want to sincerely thank Elizabeth for her invaluable contributions over the past ten years at SeaWorld," said Scott Ross, Chairman of the Board of SeaWorld Entertainment, Inc. "We are all grateful that the team will continue to benefit from Elizabeth's experience and support over the next several months as she helps transition her responsibilities."
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