Euro Disney have announced two shifts in corporate positions at Disneyland Resort Paris. Mark Stead replaces Greg Richart in the position of Chief Financial Officer of Euro Disney S.A.S following Greg’s appointment as Senior Vice President, Operations, Planning and Analysis, The Walt Disney Company.
Mark began his career at Disneyland Paris in 2006, following spending several years with Vivendi, Paris in Special Projects and Internal Auditing. Here he made an impact by leading work on mergers and acquisitions; previously he has worked with Ernst & Young in Paris and Cape Town.
Since 2009, Mark’s role at Disneyland Resort, Paris has been as leader of teams in Controllership, Corporate Reporting, Financial Operations Support, Taxation and Internal Audit as Vice President, Chief Accounting Officer.
In more recent years, he has gone on to lead and manage a number of “key initiatives” including global risk assessment and an ongoing project intended to improve the efficiency of “decision making” throughout Disneyland Paris and Euro Disney
“Mark’s knowledge of Euro Disney and his remarkable contribution over the last 5 years, with his strong leadership and strategic thinking make him a natural choice for his new role”, Gas said.
Mark Stead holds an honours degree in Finance and Accounting from the University of Cape Town, South Africa, and is a Chartered Accountant and holds the Chartered Financial Analyst designation.
Disneyland Paris holds its 20th anniversary this year and, according to a report from The Guardian, is seeking further funding from investors as the global economic climate continues to make an impact on Euro Disney.
Plans to make a third park within the resort were originally due to be implemented to 2017, but this has now been extended to 2030 as struggling holiday-makers across Europe continue to cut back on spending.