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SeaWorld makes $3.4B offer for Kings Dominion parent company

A reported $3.4 billion acquisition bid from Orlando-based SeaWorld Entertainment Inc. could result in Virginia’s two major theme parks being under the same ownership.

SeaWorld, parent company of Busch Gardens Williamsburg, has made an unsolicited offer to acquire Ohio-based Cedar Fair Entertainment Co., which owns the Kings Dominion theme park in Hanover County’s Doswell area.

Bloomberg reported that SeaWorld’s bid is about $60 per unit in cash, totaling about $3.4 billion, according to sources it did not identify. Cedar Fair acknowledged to Bloomberg that it had received the “unsolicited, non-binding” acquisition offer and said that it is being advised on the matter by Perella Weinberg Partners LP and Weil Gotshal & Manges LLP.

Cedar Fair owns and operates 13 properties composed of 11 amusement parks, four outdoor water parks and resort accommodations totaling more than 2,300 rooms and 600 RV sites. It reported 2020 revenues of $182 million, down from $1.47 billion in 2019. Cedar Fair reported $753 million in revenue for the third quarter of 2021, up from the $87 million it recorded in the third quarter of 2020.

SeaWorld, owns 12 theme parks and reported $512.2 million in the third quarter of 2021, an increase of $415.1 million from the third quarter of 2020. In 2020, SeaWorld reported $431.8 million in revenue, a decline of $966.5 million from 2019.

Kings Dominion to make holiday season comeback

Making a brief comeback before the end of 2020, Kings Dominion will reopen in December for a limited-time, limited-capacity holiday event after being closed for an entire summer season for the first time in its 45-year history, due to the COVID-19 pandemic.

Owned and operated by Cedar Fair Entertainment Co., the amusement park in Hanover County’s Doswell area will be open on select dates between Dec. 5 through Dec. 27 for its Taste of the Season: An Outdoor Holiday Experience, which will include food tastings, themed areas, live shows and 16 park rides. 

Kings Dominion employee performs temperature checks upon patrons' arrival to park. Photo courtesy Kings Dominion.
A Kings Dominion employee performs temperature checks upon patrons’ arrival to park. Photo courtesy Kings Dominion.

The park announced in early August that it would remain closed this year due to Gov. Ralph Northam’s order that limits its capacity to 1,000 guests. Kings Dominion will maintain that capacity requirement and will require guests to make reservations prior to attending the park. Other COVID-19 precautions include a health screening 24 hours prior to the visit, a touchless temperature screening upon arrival and a requirement to wear face masks and maintain social distancing. Guests will also notice enhanced cleaning procedures and hand sanitizer stations at the park.

“This has been a challenging year for everyone, which is why we are ready and excited to welcome guests back to the park for some holiday cheer,” Kings Dominion Vice President and General Manager Tony Johnson said in a statement. “Kings Dominion has a comprehensive safety plan in place that has proven to be effective in all of our sister parks that were allowed to safely operate earlier this year. We can’t wait for families to return to the park and make treasured holiday memories safely.” Johnson, who started his career at the park in 1974, announced his 2021 retirement in late October

Kings Dominion has long been a major economic driver for Hanover, with 2018 reports showing that visitors to the park spent $258 million in the county on tourism, generating more than $5 million in tax revenue. The park typically hires approximately 4,000 seasonal workers for its summer season.

Kings Dominion is currently in the process of contacting employees who had been hired for the spring season to check for their availability to work in December, says Kings Dominion spokesperson Maggie Sellers.

“The number of staff required to operate Taste of the Season will be lower than the typical spring and summer season,” says Sellers, who declined to provide an estimated number of hires for the December opening. “We have hundreds of associates who have been waiting to work at Kings Dominion since the spring and we’re in the process of connecting with them. Once they’ve had a chance to confirm their availability, any remaining positions will be posted on our website.”

 

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Kings Dominion general manager to retire

Growing up on a tobacco farm outside of Raleigh, North Carolina, Tony Johnson learned the meaning of hard work early on. At a time when his local school system had a later start to the academic year to allow for the picking season, Johnson would get up at 4 a.m. to work the fields.

“It was how we made a living, and it was hard work,” says the 70-year-old. “It made me want to get a college education, I’ll tell you that.”

It also led to Johnson climbing the career ladder at Kings Dominion. The amusement park’s vice president and general manager will be retiring on Jan. 3, 2021, nearly half a century after he began his national career in amusement parks working summers at the longtime tourist attraction in Hanover County.

Johnson became Kings Dominion’s seventh vice president and general manager in February 2018, working for Ohio-based Cedar Fair Entertainment Co., which acquired the park in 2006.
Under his tenure, the park launched its first hybrid roller coaster, Twisted Timbers, its holiday immersive entertainment experience WinterFest, and family festivals such as Grand Carnivale.

Johnson started his career at Kings Dominion in 1974 atop the guard tower at Lion Country Safari, a drive-thru preview attraction that launched a year prior to the park’s official opening in 1975. It was up to Johnson and another tower guard to pull ropes that operated the gates keeping the lions from dining on their fellow attractions.

“Our job was to be sure that the cars cleared before the lions got to the ‘hoofstock,’” he says, referring to the safari’s antelope and wildebeests.

Johnson took the job to supplement his income during the summers in between his full-time job as a teacher, coach and athletic director for Hanover County Public Schools. In 1975, he transferred over to Kings Dominion’s security department and special police department, which included conservators of the peace who had been deputized by the sheriff to make arrests.

In his 10th year as a teacher, Johnson decided his heart was no longer in education, and took a full-time job with the amusement park’s loss prevention unit in 1984; he was promoted to vice president of operations in 1992. After Paramount Parks acquired Kings Dominion in 1993, Johnson joined Cedar Fair, working at amusement parks such as California’s Great America in Santa Clara, California, and Carowinds in Charlotte, North Carolina. Johnson was named Cedar Fair’s corporate vice president of operations in 2012.

“It is a great business, and I tell people I’m certainly going to miss the business, but I’m not going to miss [working] the weekends and nights,” says Johnson of retiring. “There’s never a dull moment.”

Johnson will be succeeded by Bridgette Bywater, Cedar Fair’s corporate director of operations. Bywater got her start with the company as a seasonal associate for Cedar Fair in 1992 at the Worlds of Fun amusement park in Kansas City, Missouri. Since then, she has held numerous roles in many departments with the company, and currently oversees and coordinates efforts that include strategic planning, new attraction planning and development, best practices and standardization.

Johnson speaks highly of Bywater, who also succeeded him in his previous role as Cedar Fair’s corporate director of operations.

“She brings the passion and the knowledge, and we’ve got good bones,” he says.

The management change comes after a tough year for Kings Dominion, which didn’t open to the public this year for the first time in the amusement park’s 45-year history. In early August, the park announced it would remain closed this year due to pandemic-driven state health orders that limited its capacity to 1,000 guests, as well as the “diminishing number of calendar days left in the 2020 operating season.” Kings Dominion had expected to debut an expanded, refreshed Soak City water park, with a multilevel play structure and children’s wave pool, during its 2020 season.

In August, Linwood Thomas IV, director of economic development for Hanover County, told Virginia Business that the economic impact of keeping the Doswell-based amusement park closed was “huge,” as it has traditionally been one of the county’s top five taxpayers. Visitors to the park spent $258 million in the county on tourism in 2018, generating more than $5 million in tax revenue.

“We’d rather be open,” Johnson says. “When we open up next year, whenever that is, we’ll be ready to go.”

Together, Kings Dominion and Soak City offer more than 60 rides, shows and attractions, including 12 roller coasters.

Cedar Fair is a publicly traded partnership that owns and operates 11 amusement parks, four outdoor water parks, an indoor water park and resort accommodations totaling more than 2,300 rooms and more than 600 luxury RV sites.

 

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Arts | Entertainment | Sports

Bennett

TONY BENNETT

MEN’S BASKETBALL HEAD COACH, UNIVERSITY OF VIRGINIA, CHARLOTTESVILLE

In 2019 Bennett achieved what no team had never done before — coaching his team to become NCAA men’s basketball champions in his 10th year with the program, a year after the Cavaliers fell during the first round of the tournament. Cementing his reputation as a well-liked and generous coach, Bennett refused a raise when signing a new contract after the championship and donated $500,000 to a career development program for current and former players. In 2019, he was named one of the World’s 50 Greatest Leaders in Fortune magazine, and he was chosen NCAA Division 1 Coach of the Year three times, including twice while at U.Va.

A Wisconsin native, Bennett played basketball for his father, Dick Bennett, who coached the Phoenix at the University of Wisconsin-Green Bay, and went on to play three seasons for the Charlotte Hornets. Before taking the helm at Virginia in 2009, Bennett was head coach at Washington State. The NCAA basketball season was cut short this spring due to the coronavirus, so the Cavaliers remain the national champions into 2020, although in a way few would have predicted.


DENNIS BICKMEIER

Bickmeier. Photo Courtesy Richmond Raceway

PRESIDENT, RICHMOND RACEWAY, RICHMOND

Bickmeier became president of Richmond Raceway in 2011, and although NASCAR is still his main business, he also launched Virginia Credit Union LIVE!, a 6,000-seat concert space, part of a $30 million renovation of the raceway.

He previously was vice president of consumer sales and marketing at Michigan International Speedway and worked with the Anaheim Angels baseball team, the National Hockey League’s Mighty Ducks of Anaheim and the Los Angeles Rams. Bickmeier also taught communications and public relations at the University of San Francisco’s Sports Management Program, and in Richmond, he started the charity Richmond Raceway Cares, providing $25,000 in funds for local nonprofit organizations.

An Ohio native, he graduated from Ohio University and interned with the Los Angeles Dodgers. In 2020, with high school graduations upended by the coronavirus, the raceway invited Henrico County high school seniors to take “victory laps” on the racetrack to celebrate their achievements.


Fuente

JUSTIN FUENTE

HEAD FOOTBALL COACH, VIRGINIA TECH, BLACKSBURG

Oklahoma native Fuente stepped into big shoes in Blacksburg in 2016, when he succeeded legendary Coach Frank Beamer, who retired after nearly 30 years as the Hokies’ head coach. He had previously been the head football coach at the University of Memphis. However, the former Murray State quarterback and Walter Payton Award finalist has proved himself worthy, bringing the team to three consecutive bowl game wins for the first time in the program’s history and being named 2016 ACC Coach of the Year. In 2017, he and Tech agreed to a contract extension through 2023.

MOST RECENT BOOK READ: “When Pride Still Mattered: A Life of Vince Lombardi,” by David Maraniss

FIRST JOB: Worked as a security guard in Tulsa

PERSON I ADMIRE: My wife, Jenny, and all coaches’ wives. They make so many sacrifices for our families and really take care of everything at home so we can do what we love — coaching football and helping young people grow.

BEVERAGE OF CHOICE: Diet Mountain Dew

ONE THING YOU’D CHANGE ABOUT VIRGINIA: My family loves living in Blacksburg. I’d make it mandatory that you should visit Virginia Tech on a fall football Saturday!


TONY JOHNSON

Johnson

VICE PRESIDENT AND GENERAL MANAGER, KINGS DOMINION/CEDAR FAIR ENTERTAINMENT CO., DOSWELL

Johnson, a veteran of Cedar Fair, which owns 11 amusement parks in the U.S. and Canada, took the reins in 2018 at Kings Dominion, where he had his first theme park job in 1974 as a tower guard for the Lion Country Safari. A graduate of the University of North Carolina and the Rappahannock Criminal Justice Academy, Johnson also held security and operations leadership roles at Carowinds in Charlotte, North Carolina, and California’s Great America in Santa Clara, as well as at Cedar Fair’s corporate offices. He serves on the global security committee of the International Association of Amusement Parks and Attractions. This year has been especially challenging for Kings Dominion, which did not open for the first time in 45 years due to the pandemic.

PERSON I ADMIRE: My mom. She reared five children while working the family farm, but always had time for us.  She taught us the value of hard work, self-sufficiency and education among many other life skills.

NEW LIFE EXPERIENCE RECENTLY: I’m trying to do a better job of balancing work and family life. I have six grandchildren and my goal is to be the best granddaddy ever. The key is getting them out of the house and away from their mobile devices and the TV.


Lembke

KEVIN LEMBKE

PRESIDENT, BUSCH GARDENS WILLIAMSBURG AND WATER COUNTRY USA, WILLIAMSBURG

Lembke left Busch Gardens briefly in 2019 to pursue other career opportunities, but he was back last November as president of Busch Gardens Williamsburg and Water Country USA, both owned by SeaWorld Entertainment Inc.

Of course, 2020 didn’t wind up as anyone would have expected, particularly for Virginia’s major amusement parks, which had not reopened as of late July. Lembke was a vocal critic of the state government’s 1,000-person mandated attendance limit for theme parks, saying it wasn’t financially feasible. Busch Gardens reopened in August on a very limited basis for its Coasters and Craft Brews event series.

Before joining Busch Gardens Williamsburg as president in 2018, Lembke was vice president of merchandise and culinary at Busch Gardens Tampa Bay and vice president of merchandise at the Williamsburg park. He holds a bachelor’s degree from the University at Buffalo and has worked for SeaWorld Entertainment in various capacities since 2000. Lembke also serves on the board of directors for the Williamsburg Tourism Council, the Greater Williamsburg Chamber and Tourism Alliance and the Historic Triangle Collaborative and has coached youth hockey.


ARVIND M. MANOCHA

Manocha
Manocha

PRESIDENT AND CEO, WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS, VIENNA

A lifelong music devotee, Manocha joined Wolf Trap as its leader in 2013, overseeing the year-round performing arts program, which extends from pop bands to opera, at Wolf Trap National Park for the Performing Arts. Frequent performers at the park’s distinctive, yellow pine-ceilinged Filene Center have included Ringo Starr, Emmylou Harris and Elvis Costello.

Before moving east, Manocha was chief operating officer of the Los Angeles Philharmonic Association and worked at the Hollywood Bowl. He currently serves on the board of the Northern Virginia Chamber of Commerce and as a trustee of Levine Music, a music education center in the Washington, D.C., region. A native of Ohio, Manocha has launched digital streaming of Wolf Trap Opera productions and expanded Wolf Trap’s early childhood arts education model.

EDUCATION: Cornell University (B.A.) and University of Cambridge (M.A.)

NEW LIFE EXPERIENCE RECENTLY: Like so many during this pandemic, we’ve recently adopted our first pet, a cat.

FIRST JOB: Sales clerk in a bookstore during
high school

BEST ADVICE: If you’re under 30 and have the opportunity to live abroad for any length of time — for any reason at all — do it.


Neil

ERIK H. NEIL

DIRECTOR AND PRESIDENT, CHRYSLER MUSEUM OF ART, NORFOLK

Neil joined the Chrysler Museum in 2014, leading it into the digital age, including launching its first interactive gallery in 2018. Before arriving in Norfolk, he was director of the Academy Art Museum in Maryland and executive director of the Heckscher Museum in New York. He has curated exhibits and worked with artists including Carrie Mae Weems and James Turrell, and published works on architecture, photography and contemporary art. Neil also serves on the VisitNorfolk Board of Directors and is active in the Society of Architectural Historians and the Association of Art Museum Directors.

EDUCATION: Princeton University (B.A.) and Harvard University (M.A., Ph.D.)

HOBBY/PASSION: I love to go to the movies. We have a wonderful place in Norfolk called the Naro with independent films and documentaries that we visit frequently.

MOST RECENT BOOK READ: “The Beautiful Things That Heaven Bears,” by Dinaw Mengestu

SOMETHING I WOULD NEVER DO AGAIN:
Eat jellyfish

WHAT’S ONE THING YOU’D CHANGE ABOUT VIRGINIA? Increase funding for museums and
art education.


ALEX NYERGES

Nyerges
Nyerges

DIRECTOR AND CEO, VIRGINIA MUSEUM OF FINE ARTS, RICHMOND

Nyerges came to VMFA in 2006, having served as director and CEO of the Dayton (Ohio) Art Institute for 14 years. Since arriving in Richmond, Nyerges has overseen a major expansion of the museum and several blockbuster exhibitions, including works by Pablo Picasso and Kehinde Wiley (whose celebrated “Rumors of War” statue was installed on the VMFA’s front yard in 2019), and the Terracotta Army, ancient life-size clay figures from the First Emperor of China’s burial site. A Rochester, New York, native, Nyerges is an affiliate graduate faculty member at Virginia Commonwealth University, a member of the Forum Club in Richmond and the former co-chair of the Mayor’s Tourism Commission, among other civic organizations.

EDUCATION: George Washington University (B.A., M.A.)

NEW LIFE EXPERIENCE RECENTLY: Becoming a grandfather. What a pure joy!

BEVERAGE OF CHOICE: A great bottle of Virginia Meritage (from Michael Shaps Wineworks in Charlottesville)

WHAT’S ONE THING YOU WOULD CHANGE ABOUT VIRGINIA? Grant all African American and Native American Virginians equity, equality and prosperity. They’ve given 400 years of their blood, sweat and tears to make us the great state that we are today.


Parnell
Parnell

TODD ‘PARNEY’ PARNELL

CEO, RICHMOND FLYING SQUIRRELS, RICHMOND

Parnell is a recognizable figure at Squirrels baseball games, wearing loud pants and going by the nickname “Parney.” His career started in 1989 as director of sales and marketing for the Phillies farm team in Reading, Pennsylvania, and took him to Altoona, Pennsylvania, and Kannapolis, North Carolina, before he moved to Richmond to oversee the Squirrels in 2010, their inaugural season in Richmond, as vice president and chief operating officer. In July, he was promoted to CEO, replacing Chuck Domino, who retired. In 2019, Parnell was named the Class AA Eastern League Executive of the Year. Over the last decade, Parnell has welcomed more than 400,000 fans in one season, hosted the 2019 Eastern League All-Star Week in 2019, sent the team’s mascot, Nutzy the Squirrel, to hundreds of public events around Richmond and launched charitable initiatives, including “Renovating Richmond’s Recreation,” created to revamp 14 area baseball fields. This year’s season was canceled due to the coronavirus, but Parnell walked the bases a total of 125 times in April, raising money for local COVID-19 relief efforts during an event called “500 Bases of Love.”


LISA SIMS

Sims

CEO, VENTURE RICHMOND, RICHMOND

Sims became Venture Richmond’s leader in 2017 after she proved her mettle in an interim role. She also serves as executive director of the Richmond Folk Festival, the largest annual music festival in the state. A Nashville native, Sims was hired in 2006 as director of events and oversaw the 2nd Street Festival, TEDxRVA and the opening of the 2015 UCI World Championship cycling competition, among other signature events. This year, Sims announced that the folk festival would not be held in person this October due to concerns about the coronavirus, although she promised that there would be a virtual version of the festival, which draws hundreds of thousands of music fans to the capital each fall. Before moving to Richmond to work for what is now Richmond Region Tourism, Sims was executive director of the Asheville, North Carolina, Convention and Visitors Bureau and worked for Opryland USA and the Country Music Foundation/Country Music Hall of Fame in Nashville, Tennessee. She volunteers on several boards, including the Massey Cancer Center Advisory Board and the Richmond Region Tourism board of directors.


Snyder

DAN SNYDER

OWNER, WASHINGTON FOOTBALL TEAM, ASHBURN

Snyder is best known for purchasing the former Washington Redskins from the estate of Jack Kent Cooke in 1999, declaring in 2013 he would “never” change the name of the team, which has been criticized as racist for decades. But under pressure from FedEx and other corporate sponsors, Snyder announced in July that the Redskins name and logo would be retired in 2020. That news was followed by an exclusive report in mid-July from The Washington Post that 15 female former Redskins employees said they were sexually harassed and verbally abused at work by other executives during Snyder’s tenure, although Snyder was not accused of misconduct. Snyder hired a Washington-based law firm to review the organization’s conduct, and several executives were let go days before the report came out. A Maryland native, Snyder is a lifelong entrepreneur. He founded a wallboard advertising company in 1989 with his sister Michele, which became Snyder Communications LP. After going public, the business expanded to $1 billion in annual revenue and 12,000 employees by 2000, when Snyder sold the business for more than $2 billion. Forbes valued the Washington team at $3.4 billion this year, making it the world’s 14th most valuable sports franchise, although its 2019-20 season was a less-than-stellar 3-13.

 


PHARRELL WILLIAMS

Williams

MUSICIAN, PRODUCER AND DEVELOPER, LOS ANGELES/VIRGINIA BEACH

Williams, known for his Grammy-winning career as a pop and hip-hop performer (including 2014’s smash hit “Happy”) and producer and his forays into fashion design and movie production, also has focused his attention on his hometown of Virginia Beach in recent years. Something in the Water, a three-day music and arts festival on the oceanfront, debuted in April 2019 with music superstars Janelle Monáe, Missy Elliott, Migos and Dave Matthews Band, among others. The second festival was scheduled for April 2020 but was canceled due to the coronavirus, although it’s set to return in April 2021. Williams also is part of a group developing the $325 million Atlantic Park surf park and entertainment venue on the former Dome site. In June, he paid a surprise visit to Richmond for Gov. Ralph Northam’s announcement that Juneteenth would become an official state holiday, marking June 19, 1865, the day that the last group of enslaved Americans were told they were free. Among other charitable initiatives, Williams has offered internships to 114 Harlem, New York, high school students and started a foundation that runs after-school programs in Virginia Beach.

 

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For first time ever, Kings Dominion will close for entire year

Kings Dominion won’t open this year due to challenges surrounding the COVID-19 pandemic, the theme park in Doswell announced Tuesday. The park, which first opened in in 1975 has never before closed for an entire season, Kings Dominion communications manager Maggie Sellers confirmed Tuesday.

“We are disappointed that we are unable to welcome our guests back to the park this season,” Tony Johnson, Kings Dominion vice president and general manager, said in a statement. “The safety of our guests and associates is always our top priority, and we have done our due diligence in developing a comprehensive safety plan in accordance with industry and public health standards.”

Phase Three of Gov. Ralph Northam’s “Forward Virginia” plan limited the park’s capacity to 1,000 guests, which Kings Dominion and its rival theme park, Busch Gardens Williamsburg, said in June would not be economically feasible to operate the massive amusement parks.

“With the diminishing number of calendar days left in the 2020 operating season, as well as Virginia’s Phase 3 reopening restrictions that limit the park’s capacity to 1,000 guests, the decision has been made to remain closed,” according to Kings Dominion’s Tuesday statement.

Busch Gardens is reopening to a limited number of guests between Aug. 6 and 16 for its Coasters and Craft Brews event series.

Kings Dominion, which is owned and operated by Cedar Fair Entertainment Co. employs up to 4,000 seasonal employees each year.

“However, the continued uncertainty in our region brought by COVID-19 has led us to the difficult yet responsible decision to keep the park closed for the rest of the year,” Johnson said in a statement.

Instead of hosting its 2020 season, the park announced it is planning enhancements, including new rides, attractions and entertainment for the 2021 season — including a reimagined area in Soak City, which will includes a multilevel play structure, a mini wave pool and a new restaurant.

“We look forward to a great 2021 season with the return of favorite rides, new attractions and entertainment for the whole family,” Johnson said in a statement. “We thank our guests and associates for their continued loyalty and support during this challenging time.”

The validity of 2020 season passes and add-on products has been extended through 2021 and 2021 season passes will go on sale Sept. 8.

 

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