Euro Disney SCA receives new CEO
{{date|May 19, 2005}}

[[w:The Walt Disney Company|Disney]] and [[w:Euro Disney SCA|Euro Disney SCA]] announced on Thursday that Euro Disney chief executive officer [[w:Andre Lacroix|Andre Lacroix]] would step down and be replaced with [[w:Karl Holz|Karl Holz]] immediately.

Holz has had a long career with [[w:Walt Disney Parks and Resorts|Walt Disney Parks and Resorts]].  He has been president of the [[w:Disney Cruise Line|Disney Cruise Line]] and executive of operations at [[w:Walt Disney World Resort|Walt Disney World]]. Holz was chief operating officer at Euro Disney before being promoted.

Euro Disney is [[w:Europe|Europe]]'s largest theme park operator, and oversees [[w:Disneyland Resort Paris|Disneyland Resort Paris]] in [[w:Marne-la-Vallee|Marne-la-Vallee]], [[w:France|France]]. Disney is Euro Disney SCA's major share holder.  Other share holders include the French government and a Saudi prince.

==Sources==

*{{source|url=http://www.bloomberg.com/apps/news?pid=10000087&sid=a30cUAX2W3xA&refer=top_world_news 
|title=Euro Disney's Holz to be chief as Lacroix steps down
|author=Alex Armitage
|pub=Bloomberg
|date=May 19, 2005}}
*{{source|url=http://www.nytimes.com/auth/login?URI=http://www.nytimes.com/2005/05/19/business/19cnd-disney.html&OP=988b10f/tQ27SQ3EtzuOFJuu|rtrooftoftTVtQ3E6FQ23nSFFtTVOnz0zQ23FnS-N(|Ag| title=Troubled Euro Disney Abruptly Replaces Its Chief Executive | author=Floyd Norris |pub=The New York Times|date=May 19, 2005}} (Subscription Required)

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[[Category:Europe]]
[[Category:France]]
[[Category:Economy and business]]
[[Category:The Walt Disney Company]]
Disney and Euro Disney SCA announced on Thursday that Euro Disney chief executive officer Andre Lacroix would step down and be replaced with Karl Holz immediately.

Holz has had a long career with Walt Disney Parks and Resorts.  He has been president of the Disney Cruise Line and executive of operations at Walt Disney World. Holz was chief operating officer at Euro Disney before being promoted.

Euro Disney is Europe's largest theme park operator, and oversees Disneyland Resort Paris in Marne-la-Vallee, France. Disney is Euro Disney SCA's major share holder.  Other share holders include the French government and a Saudi prince.
Europe France Economy and business The Walt Disney Company