Commercial Aquatics Australia provides aquatic solutions nationwide and is one of the largest and most experienced companies specialising in the design, construction, renovation, service, maintenance…read more
Gary Weiss takes on Chairman’s role at Ardent Leisure
Just three weeks after gaining a board seat, Ariadne Australia's Dr Gary Weiss has been appointed the new Chairman of Ardent Leisure.
Ardent announced that George Venardos will step down as Chairman and as a Director of the company with Dr Weiss, who had repeatedly challenged the incumbent board on its performance, taking on the Chairman's role immediately
Dr Weiss is Executive Director of Ardent's largest shareholder Ariadne Australia and his appointment comes after the owner of Dreamworld agreed earlier this month to appoint him and his ally Brad Richmond to the board to avert a spill vote on Ardent's board.
Ardent shareholders will vote on the board composition on 20th November, where three Directors, David Haslingden, Don Morris and Roger Davis, are up for re-election but have the support of the new Chairman.
Ariadne's Director Brad Richmond is also seeking election to the Ardent board at the upcoming annual general meeting in Sydney.
Dr Weiss' rise to his new role at Ardent comes after a long and at times bitter campaign with Venardos and the Ardent board over the running of the entertainment and leisure business.
Ardent's troubles began in October last year after four people were killed on a ride at the Gold Coast-based theme park, Dreamworld. Two days later, Ardent held its now infamous AGM where the then Chief Executive Deborah Thomas was blasted by shareholders over her bonus.
Thomas left the group in May this year but remains as a consultant, working on the coronial inquest of the Dreamworld tragedy. She was replaced by Simon Kelly.
The group's focus is now its Main Event entertainment business in the United States, but it has five centres in the immediate Houston area which were hit hard by Hurricane Harvey, which struck Texas in late August.
Commenting on his new role, Dr Weiss stated "I would like to acknowledge the dedication with which George has led the boards through an unprecedented period and thank him for agreeing, in the interests of all security holders, to an orderly transition.
"As newly appointed Chairman, I am committed to stabilising the structure and composition of the boards.
"On the re-election of each of those directors, I and my associated interests believe the boards will be of the right size and composition to position the Ardent Group for future success and there should be no need for any further governance changes for the foreseeable future, other than the appointment of another female independent non-executive director in line with the Ardent Group's stated board renewal plan."
Venardos succeeded the former, long-time chairman Neil Balnaves last year. He had been on the Ardent board for eight years and is retiring.
The board changes saw Ardent's share price rise 1.9% to $1.84 and Ariadne rise 1.3% to 77¢.
Image courtesy of the Victor Chang Cardiac Research Institute.
14th September 2017 - DREAMWORLD TO REMOVE MOUNTAIN SURROUNDING ITS EUREKA MOUNTAIN MINE RIDE
4th September 2017 - ARDENT LEISURE INVITES REBEL SHAREHOLDERS TO JOIN BOARD
27th August 2017 - DREAMWORLD TRAGEDY HIGHLIGHTS LEGAL DUTY OF CARE FOR THEME PARK GUESTS
23rd August 2017 - QUEENSLAND TO IMPLEMENT NEW SAFETY LAWS FOLLOWING DREAMWORLD TRAGEDY REPORT
11th July 2017 - DREAMWORLD BATTLES INCONSISTENT ATTENDANCES AND FALLING REVENUES
30th June 2017 - DREAMWORLD LAUNCHES AFTER DARK THRILL EXPERIENCE
9th May 2017 - DREAMWORLD SUFFERS FURTHER ATTENDANCE AND REVENUE SLUMP
13th March 2017 - PARKZ WEBSITE LAUNCHES SUPPORT OUR THEME PARKS CAMPAIGN
10th December 2016 - GUESTS TRICKLE BACK AS DREAMWORLD REOPENS
29th October 2016 - QUEENSLAND GOVERNMENT TO UNDERTAKE ‘SAFETY BLITZ’ ON THEME PARKS
25th October 2016 - ARDENT LEISURE SHARES FALL AFTER DREAMWORLD TRAGEDY
23rd February 2015 - DREAMWORLD’S EUREKA MOUNTAIN SET FOR POTENTIAL REOPENING
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Clubware’s online gym software is not your run of the mill management system. It has been carefully designed to incorporate all the elements that a fitness club would need. How did we do that?…read more
Founded in 1961, Myrtha Pools® quickly became Italy’s première swimming pool company, and has since grown into one of the world's leading swimming pool construction…read more
revolutioniseSPORT is the emerging market leader in online club management in Australia. Whether it is memberships, registrations, events, online sales or governance tools - revolutioniseSPORT is the…read more
iEDM integrate Design, Engineering and Delivery Management services to convert existing spaces into exciting new entertainment venues. Our team consists of highly qualified professionals with diverse…read more
INTRODUCTION Abel Sports is Australia’s leading manufacturer and suppliers of Goal Posts, sports ground safety netting systems and coaches boxes for Stadiums ,Sports Clubs, Councils and…read more
With its sleek good looks and easy-to-use yet powerful functionality, Envibe is the premium fitness club software for the Australasian leisure, recreation and fitness industry. We are the most…read more
As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd. 19th July 2018 - ENTA AUSTRALASIA REBRANDS AS VIVATICKET 17th October 2016…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!