Former NBA executive O’Neil new CEO of Merlin Entertainments

Category: Business

Listening

Unlocking Word Meanings

Read the following words/expressions found in today’s article.

  1. attraction / əˈtræk ʃən / (n.) – a thing or place that people visit to enjoy or do fun activities
    Example:

    For me, the flower farm is the best tourist attraction in the city.


  2. appointment / əˈpɔɪnt mənt / (n.) – the act of choosing or assigning someone for a job or position
    Example:

    Let’s celebrate your appointment as the new manager of the department.


  3. outgoing / ˈaʊtˌgoʊ ɪŋ / (adj.) – leaving a particular job or position
    Example:

    The outgoing university president gave a very moving message this afternoon.


  4. state-of-the-art / steɪt əv ði ɑr t / (adj.) – made using the most modern methods or technology, making it the best of its kind
    Example:

    International events are held in this state-of-the-art sports facility.


  5. undisputed / ˌʌn dɪˈspyu tɪd / (adj.) – accepted as truth and not questioned by anyone
    Example:

    For his fans, he will always be the undisputed best football player of all time.


Article

Read the text below.

The former CEO of the parent company that owns the Philadelphia 76ers and New Jersey Devils has agreed to take the same position for London-based Merlin Entertainments.


Scott O’Neil will be responsible for overseeing the business operations and global growth for Merlin Entertainments across its 147 attractions in 24 countries. O’Neil’s appointment, effective Nov. 15, comes following outgoing CEO Nick Varney’s decision to retire after 23 years.


Merlin’s attractions include 10 Legoland Resort Theme Parks and hotels, six Resort Theme Parks including Alton Towers, Heide Park and Gardaland, as well as Sea Life aquariums, Madame Tussauds, Peppa Pig World of Play, the Lastminute.com London Eye and Sydney Tower Eye. Merlin is continuing to expand, with three Legoland Resorts in China under development and further openings planned across the US and Asia.


The 52-year-old O’Neil resigned in June 2021 from Harris Blitzer Sports & Entertainment after he helped lead scores of projects under the HBSE banner, such as the Grammy Museum at the Prudential Center and the creation of a state-of-the-art Sixers complex, both in New Jersey.


O’Neil, a Villanova graduate, also previously led Madison Square Garden Sports. He oversaw the business operations of the Knicks, New York Rangers, and New York Liberty.


“My experience in the NBA, NFL and NHL in building teams, my passion for guest experience, cultivating, reviving and building brands, and driving growth in a business that is similar and consumer focused seemed like a natural next step,” O’Neil said.


Though it’s far from a household name, Merlin has become the undisputed, second-largest visitor attractions operator on the planet based on attendance. Disney has a comfortable lead in the No. 1 spot.


“Scott has significant experience in the entertainment industry, a proven track-record of delivering business transformation, and the vision and ambition to lead Merlin through the next exciting stages of its global development,” said Roland Hernandez, chair of Merlin Entertainments. “The board has every confidence in him, and we look forward to working closely together over the coming years.”


This article was provided by The Associated Press.


Viewpoint Discussion

Enjoy a discussion with your tutor.

Discussion A

  • Most of Scott O’Neil’s experience as a CEO is sports-related. Do you think it will be easy for him to oversee a company that operates indoor and outdoor attractions? Why or why not? Discuss.
  • If you were to become the CEO of a famous company, what company would it be? What qualities do you think you should have to become a successful CEO? Discuss.

Discussion B

  • Why do you think theme parks such as Merlin and Disney are continuing to expand? Discuss.
  • Is there a theme park you’d like to visit with your friends or family? Why? Discuss.