Seaworld 8-K Shows Marc Swanson To Serve As CAO And Interim CFO

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On May 22, 2015, James M. Heaney gave notice of his resignation as Chief Financial Officer of SeaWorld Entertainment, Inc. (the "Company") and as an officer and/or director of the Company's subsidiaries, effective as of June 1, 2015. Mr. Heaney will remain as an employee of the Company through June 19, 2015, to assist in the transition to the interim Chief Financial Officer. There is no dispute between Mr. Heaney and the Company on any financial reporting matters, compliance or otherwise. On May 26, 2015, the Board of Directors of the Company appointed Marc G. Swanson, currently the Company's Chief Accounting Officer, to serve as interim Chief Financial Officer of the Company, effective as of June 1, 2015. Mr. Swanson will continue to serve as the Chief Accounting Officer of the Company. Mr. Swanson, age 44, has been the Company's Chief Accounting Officer since 2012. Prior to that, Mr. Swanson served as Vice President Performance Management and Corporate Controller of SeaWorld Parks & Entertainment from 2011 to 2012, the Corporate Controller of Busch Entertainment Corporation from 2008 to 2011 and the Vice President of Finance of Sesame Place from 2004 to 2008. He is a member of the board of directors of the SeaWorld & Busch Gardens Conservation Fund and the board of trustees of the Orlando Science Center. Mr. Swanson holds a bachelor's degree in accounting from Purdue University and a master's degree in business administration from DePaul University, and is a Certified Public Accountant. At this time, the Company has not entered into any new material contracts, plans or arrangements with Mr. Swanson or amended any material contract, plan or arrangement with Mr. Swanson. The Company has engaged a leading executive search firm to conduct a comprehensive search process to identify a permanent Chief Financial Officer of the Company. The selection of Mr. Swanson to serve as interim Chief Financial Officer was not pursuant to any arrangement or understanding with respect to any other person. There are no family relationships between Mr. Swanson and any director or executive officer of the Company, and there are no transactions between Mr. Swanson and the Company that would be required to be reported under Item 404(a) of Regulation S-K.
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