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Change at Euro Disney - Sun Sentinel- 5/20/05

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  • Change at Euro Disney - Sun Sentinel- 5/20/05

    Change at Euro Disney -5/20/05

    Confronted with ongoing losses at its theme parks near Paris, Walt Disney Co.'s Euro Disney operation on Thursday announced that it had replaced the resort's French chief executive with a company insider.

    Disney said it replaced Lacroix with Karl Holz, 54, a former Walt Disney World executive and head of the Disney Cruise Line.

    The move follows a record loss of nearly $190 million for Euro Disney in the year ended Sept. 30. Although results have since improved, the resort continues to lose money, recording a loss of $105 million for the six months ended March 31.
    Do you like catching up on the latest Disney news? Then check out the News section here on MiceChat!

    Plus the show. - Walt Disney

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