sail-world.com -- America’s Cup streamlines, re-organizes staff to promote efficiencies
America’s Cup streamlines, re-organizes staff to promote efficiencies
Sat, 24 Mar 2012
America’s Cup organizers today announced that the agreement on the verge of being finalized with the City of San Francisco will lead to organizational changes and staff reductions at the America’s Cup Event Authority, the commercial arm of the sport, due in part to down-sizing of the event footprint in San Francisco.
The reductions will impact 14 in San Francisco and another 14 staff at other offices around the world.
'These individuals have been valued members of our team since the start of the Event Authority and have made many valuable contributions to our organization, and we wish them all of the best in their future endeavors,' said Stephen Barclay, Interim CEO, America’s Cup Event Authority. He said severance packages were in place for the departing employees who were informed of the decision of staff reductions today.
'We must ensure that our expenses match revenues. We made these changes to create efficiencies necessary to ensure that we deliver an exciting and important event for both the world of competitive sailing and San Francisco,' Barclay added.
He said the America’s Cup Event Authority was pleased it had reached a new agreement with the City of San Francisco, and hopes the Supervisors affirm the Agreement next Tuesday. The financial package is 'not what we had anticipated or planned for but we are moving forward because this sailing event will be fantastic for the teams, sailors around the world and all San Francisco.
Racing is set to kick off this year with the America’s Cup World Series events the first of which will be in Naples, Italy in April 11-15th followed by events in Venice, Italy (May) and Newport, Rhode Island (June).
Burke Marine, suppliers of international quality marine clothing and equipment, was founded by Martin Burke on the shores of Sydney Harbour in 1971. Visit our website for your nearest stockist. [More info]
Ensign Ship Brokers
Ensign Ship Brokers was established in 1980 and has spent the last 28 years expanding our marine knowledge and developing our reputation! We strive to provide the very best service! [More info]
GME Standard Communications Pty Ltd
Leaders in communications and navigation. Their goal has always been to make products whose innovation, convenience and peace of mind can help improve the lives of their customers. [More info]
Hamilton Island Luxury Accommodation
Full range of private apartments, villas and houses on Hamilton Island. 1, 2, 3, 4, and 6 bedroom options available. All include buggy and island airport or marina transfers. [More info]
Multihull Solutions is Australia and New Zealand’s premier offshore and cruising catamaran and trimaran specialist, offering sales and servicing of the world’s finest multihull brands.
Navionics is proud of its superb cartographic database comprising more than 25,000 charts and port plans; the largest privately owned database of its kind, the only one using full seamless technology [More info]
OziOpti is all about 'getting kids in boats' and the Australian company supporting the introduction to of the world’s most popular junior sailing yacht, the 'International Optimist Dinghy' [More info]
Performance Sailcraft Australia (Asia Pacific)
Laser builder Performance Sailcraft Australia has taken on the successful RS Sailboat range from Britain, and is now licensed to build and distribute all of the RS range in the Asia Pacific region. [More info]
Sealink Magnetic Island Race Week
Entries for the fourth annual Sealink Magnetic Island Race Week have opened! 4 days of racing, 5 days of fun – that is what you can look forward to from 3-7 September at Magnetic Island. [More info]
Vicsail Sydney Pty Ltd, launched into the Australian sailing fraternity in 1983 and has been sailing strong ever since. At Vicsail, “We Sail the Boats We Sell”. [More info]