Sail-World.com  Monday 28 July 2014

Home Graphical | News Text | Powerboat-World | Event Calendar | Cruising Oz | Cruising USA | Cruising Canada | BoatsPlus | MarineBusiness | Cruising Int | SW Aus | Magnetic Is RW | Newsletter Subscription Here | Search Sail-World


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).

by America's Cup



Our advertisers are committed to our sport, please support them! (Graphics)
Contact us , ph: +61 2 8006 1873, , fax: +61 2 8076 0459 or complete our feedback form. View our Privacy Policy. Photographs are copyright by law, if you wish to use a photograph from www.sail-world.com, please Contact us. [Go Home(Graphics)]
Make sail-world.com Australia my default page.    Make sail-world.com Cruising International my default page.  Make sail-world.com Cruising Australia my default page.  Make sail-world.com Asia my default page.   Make sail-world.com New Zealand my default page.   Make sail-world.com UK my default page.   Make sail-world.com USA my default page.  


Visit another region : Sail-World Australia    Sail-World Cruising International   Sail-World Cruising Australia   Sail-World Asia   Sail-World New Zealand   Sail-World UK   Sail-World USA  

Onesails.com - Workforce
OneSails is the culmination of over 35 years of experience accumulated by our team in design and technology applied to sail-making.
[More info]
http://www.onesails.com

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]
http://www.gme.net.au

VicSail Sydney
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]
http://www.vicsailsydney.com.au