I have heard rumours that Karl Holz is leaving as President of DCL to be the no 2 in charge at Disneyland Resort Paris (Chief Operating Officer). Can anybody confirm or deny this piece of news?
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
Karl Holz leaving DCL?
- Thread starter disneyfan@paris
- Start date
Stitch79
New Member
Looks like that is true....story below from the Orlando Sentinel.
Disney cruise chief takes Euro Disney post
From Wire Reports
September 22, 2004
Euro Disney SCA has hired Karl Holz, head of Walt Disney Co.'s Disney Cruise Line, as president and chief operating officer, nine days before lenders must vote on a debt-restructuring plan.
Holz replaces Yann Caillere at Europe's largest theme-park company. Caillere is leaving to run the hotel division of Societe du Louvre SA.
Tom McAlphin, formerly the cruise line's senior vice president of operations, replaces Holz.
Disney owns 39 percent of the French affiliate and is the biggest backer of a June agreement to restructure Euro Disney's $2.7 billion in debt and avert its bankruptcy. Creditors, who have until Sept. 30 to decide on the plan, are close to supporting it, La Tribune newspaper reported.
"This is a pivotal time for Euro Disney," Holz, 53, said in the statement announcing his appointment.
He will report to Euro Disney chief executive Andre Lacroix, who joined the company in March 2003, becoming its fourth chief executive in six years. Lacroix replaced Jay Rasulo, who left last year to head Walt Disney's theme-park division, which oversees Euro Disney.
McAlphin was hired by the cruise line, which operates the Disney Magic and Disney Wonder ships, nine years ago as vice president of finance and chief financial officer. He helped create the cruise line's original business plan, develop its terminal at Port Canaveral and arrange the purchase of Disney's private Bahamas island, Castaway Cay.
Euro Disney is based in Marne-la-Valle, outside Paris.
Disney cruise chief takes Euro Disney post
From Wire Reports
September 22, 2004
Euro Disney SCA has hired Karl Holz, head of Walt Disney Co.'s Disney Cruise Line, as president and chief operating officer, nine days before lenders must vote on a debt-restructuring plan.
Holz replaces Yann Caillere at Europe's largest theme-park company. Caillere is leaving to run the hotel division of Societe du Louvre SA.
Tom McAlphin, formerly the cruise line's senior vice president of operations, replaces Holz.
Disney owns 39 percent of the French affiliate and is the biggest backer of a June agreement to restructure Euro Disney's $2.7 billion in debt and avert its bankruptcy. Creditors, who have until Sept. 30 to decide on the plan, are close to supporting it, La Tribune newspaper reported.
"This is a pivotal time for Euro Disney," Holz, 53, said in the statement announcing his appointment.
He will report to Euro Disney chief executive Andre Lacroix, who joined the company in March 2003, becoming its fourth chief executive in six years. Lacroix replaced Jay Rasulo, who left last year to head Walt Disney's theme-park division, which oversees Euro Disney.
McAlphin was hired by the cruise line, which operates the Disney Magic and Disney Wonder ships, nine years ago as vice president of finance and chief financial officer. He helped create the cruise line's original business plan, develop its terminal at Port Canaveral and arrange the purchase of Disney's private Bahamas island, Castaway Cay.
Euro Disney is based in Marne-la-Valle, outside Paris.