Latest News

Back to Latest News back

 

Ongoing board changes at Village Roadshow see appointment of Clark Kirby as Chief Executive

Ongoing board changes at Village Roadshow see appointment of Clark Kirby as Chief Executive
July 22, 2019

Changes at Village Roadshow have seen the appointment of Village Roadshow Theme Parks Chief Executive Clark Kirby as Chief Executive of the overall company and former Foxtel Chief Executive Peter Tonagh joining the Board as a non-executive Director.

The new appointments follow changes to the board amid a reported "family dispute" about how Village Roadshow’s cinema and theme parks business is run.

The boardroom overhaul revealed last month will lead to Chairman Robert Kirby stepping down and his son Clark Kirby replacing long-serving Chief Executive Graham Burke as of 1st January next year.

The business has also committed to bringing in an independent chairman.

The changes come after criticism about Village Roadshow’s management and directors from some shareholders, including Robert Kirby's brother, Deputy Chairman John Kirby, after a three-year share price slide that cut $500 million off the company's market value.

While the company's performance was impacted by the 2017 deaths at rival theme park Dreamworld, attendances at Village Roadshow's theme parks have largely recovered. In addition, the former Wet'n'Wild Sydney has also been sold.

Tonagh, who was appointed after a search by executive talent search business Egon Zhender, officially joined Village Roadshow on Thursday.

He stepped down from his role at Foxtel in January 2018 after about two years in the job during a period of major disruption at the pay-TV business.

The former News Corp executive is Chairman of non-profit Bus Stop Films and a member of the Council of the Australian Film Television and Radio School.

Burke, whose role at Village Roadshows spanned more than 30 years, will remain on the board.

The role of Village Roadshow Deputy Chairman, currently occupied by John Kirby, will be discontinued but he will remain a director of the company.

Robert Kirby said in a release the leadership changes would provide Village Roadshow with enhanced corporate governance and a strong board.

Image: Clark Kirby addresses the 2019 Australian Amusement, Leisure and Recreation Association Conference.

Related Articles

22nd May 2019 - Clark Kirby explains his drive to ‘challenge everything’ within Village Roadshow Theme Parks

20th May 2019 - Village Roadshow’s Gold Coast theme parks boosted by recent visitor numbers

17th May 2019 - New safety rules for Queensland theme parks and attractions now in force

22nd February 2019 - Village Roadshow report rising earnings and record-breaking January period for theme parks while writing off Dreamworld as competition

23rd August 2018 - Village Roadshow blames Commonwealth Games and Dreamworld deaths for disappointing results

30th July 2018 - Clark Kirby outlines vision for Topgolf’s Australian expansion

2nd July 2018 - Village Roadshow sells Wet’n'Wild Sydney to Spanish attractions operator

13th June 2018 - Chinese waterpark boosts Village Roadshow performance: Ardent completes bowling division sale

18th May 2018 - Historic levels of growth in global theme park industry in 2017

7th April 2017 - Village Roadshow changes see Clark Kirby appointed Theme Parks division Chief Executive

15th September 2016 - Theme parks and cinemas perform but Village Roadshow profits dip


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.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

 

Otium Planning Group

Otium Planning Group is a contemporary sport and leisure consultancy providing services in planning, facility development, management and funding for the sport, recreation and leisure industries…

read more

Aquatics / Consultants / Recreation / Sport / Venues

 
 

Hydrocare Pool Services

Hydrocare Pool Services Pty Ltd offer 25 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…

read more

Aquatics / Attractions / Play / Recreation / Technology

 
 

TRISLEYS HYDRAULIC SERVICES

Trisley's Hydraulic Services P/L (THS) are a specialised pool company dealing with all aspects of the commercial swimming pool industry, including the installation and servicing from the smallest…

read more

Aquatics / Design / Play / Waterparks

 
 

IP HUB

Talk To Us For Independent Advice & Specialised Services We're business people, not sales reps IP HUB is one of Australia’s leading advisors on telecoms for both small businesses and…

read more

Marketing / Technology

 
 
 

AIS Water

AIS Water, the trading name of Australian Innovative Systems, is a multi-award winning, Australian owned leader in the design, production and supply of commercial and residential chlorine generators…

read more

Aquatics / Safety / Technology

 
 

SICO SOUTH PACIFIC

SICO is at the forefront in innovative mobile folding and rolling, space efficient tables, stages, dance floors and many other products which help our customers optimise their use of space. Image…

read more

Entertainment / Events / Venues

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business