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Ardent Leisure taps new theme park boss, stock jumps 5pc

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The owner of Queensland’s Dreamworld theme park, Ardent Leisure Group, has made a shock new appointment to the head of its theme parks division, Greg Yong, amid depressed trading conditions at its venues in the United States and Australia.

The entertainment group blames the snap lockdown in Brisbane for setting back the $465 million company’s recovery and a winter storm that affected most of its US sites, particularly in Texas.

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

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    Original URL: https://www.afr.com/companies/games-and-wagering/ardent-leisure-taps-new-theme-park-boss-stock-jumps-5pc-20210421-p57l0q