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SeaWorld names Sergio Rivera as new CEO

Rivera replaces Gus Antorcha, who quit after 7 months on the job

ORLANDO, Fla. – An executive from the timeshare and resort industries is taking over as CEO of SeaWorld Entertainment.

The Orlando-based theme park company on Thursday said Sergio Rivera will be the next chief executive, and he'll join the company's board, starting next week.

He succeeds Gustavo "Gus" Antorcha, who stepped down in September, just months into his tenure as chief executive. Antorcha said in a resignation statement that he had a different approach than the board.

Rivera previously served as the president and CEO of ILG, Inc.'s vacation ownership segment.

Before that, Rivera worked for Starwood Hotels & Resorts Worldwide, where he was president of the Americas division.

The company also said Neha Jogani Narang will join the board.
 

SeaWorld also reported its third-quarter earnings Thursday, which showed about a 3% drop in attendance compared to last year.