sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : America’s Cup streamlines, re-organizes staff to promote efficiencies
America’s Cup streamlines, re-organizes staff to promote efficiencies

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

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=95211

10:08 PM Fri 23 Mar 2012GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2013 America's Cup

Related News Stories:

24 Mar 2012  America's Cup: Oracle Racing have serious collision in AC45's
21 Mar 2012  America's Cup Chairman to head AC World Series Development
16 Mar 2012  America's Cup: Artemis Racing debuts full scale AC72 wing
16 Mar 2012  America's Cup - Artemis Racing take to the water with new AC72 wing
14 Mar 2012  America's Cup: Artemis Racing test new wingsail on Orma 60 in Valencia
02 Mar 2012  America's Cup: Major America's Cup TV deal announced
29 Feb 2012  America’s Cup - San Francisco's Pier 80 a major player
28 Feb 2012  America's Cup Uncovered: Episode 27 - Luna Rossa fitness tests
28 Feb 2012  America's Cup Uncovered: Episode 26 - Wing Extensions
23 Feb 2012  America's Cup: San Francisco Cup course is placed close to shore
MORE STORIES ...






News - USA and the World









Audi Melges 20 World Championship - Classic Garda conditions on day 2 by International Audi Melges 20 Class Association,


















Audi Melges 20 World Championship - Alessandro Rombelli's 'STIG' leads by International Audi Melges 20 Class Association,




























Aldo Alessio Regatta - Three days of tight racing by Erik Simonson, Pressure-Drop.US,










Sailing Champions League - which is Europe's best sailing club? by Dan Ibsen & the Sail-World team, Copenhagen


Weta fun at the Wine & Roses Regatta
Extreme Sailing Series: The Wave, Muscat claims victory on Cardiff Bay
International 14 World Championships 2015: Not just for boys
Rio de Janeiro achieves 50% treatment of sewage outflow *Feature
2014 AWT Quatro Desert Showdown - Event memorable videos
2014 18' Skiff Int Regatta: Day 1 at San Francisco - Reversal on beach
Emirates Team NZ: Last race boost cannot save team from table bottom
PWA Alacati World Cup - Furious slalom is upon us
J/111 World Championships - The Winner is Shmokin Joe!
J/24 US National Championship - Victory for Will Welles’ Cougar
Extreme Sailing Series: View the Final Day's action - Replay
NYYC Grandmasters Team Race - Reign continues for Noroton Yacht Club
WSSR announces new World Record Around Britain and Ireland
IFDS Worlds 2014 - Final day photos by Tim Wilkes
2014 Detroit Cup - Morvan wins
Newport Bucket Regatta 2014 -Images by George Bekris
IFDS Worlds 2014 - Final report: USA qualifies for Rio 2016
Extreme Sailing Series: Absent With-Out Leave – Ben Ainslie Racing
2014 IFDS World Championship - New champions claim medals
2014 IFDS World Championships - Sunday’s race images by Tim Wilkes
Shark World Championships underway in Toronto   
Anna Tunnicliffe: Alinghi second o'all - Extreme Sailing Series, Day 3   
Formula Kite World Championships - Nocher and Bridge crowned Champions   
Emirates Team NZ: Frustrating Day 3 in Extreme Sailing Series, Cardiff   
Extreme Sailing Series: Light winds help The Wave Muscat - Day 3   
Extreme Sailing Series 2014 Act five - Absent without leave – the wind   
IFDS Worlds 2014 - Images: Race day five   
Herreshoff Classic Regatta 2014 - Images by Ingrid Abery   
Youth Olympics - Gold to Argentinean and Chinese Techno 293 racers   
Youth Olympics Games Nanjing - Double Youth Olympic Gold for Singapore   
Sevenstar Round Britain and Ireland Race 2014 - Two Handers celebrate   
Audi Melges 20 U.S. National Championship 2014 - Brazilian dance party   
IFDS Disabled Sailing Worlds Day 5 - USA fighting for Rio 2016 Berths   
J/111 World Championship 2014 - Day 4: Shmokin Joe consolidates lead   
Anna Tunnicliffe: Alinghi on top - Extreme Sailing Series, Day 2   
2014 IFDS World Championships - Breezy frustrations   
2014 Detroit Cup - Down to the final four   
Sevenstar Round Britain and Ireland Race - Every finisher's a winner   
2014 49er, 49er FX, Nacra 17 U.S. National Championship - Day 2   
J/24 US National Championship - Will Welles leaps into lead   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT