It's a shame to seem Joel Manby go. He comes across well in Undercover Boss and I enjoyed his book on leadership, Love Works. I know a reality TV show and his own book are going to be one sided, but he certainly comes across as a caring and enlightened leader. Hopefully we'll see him pop up somewhere else in the theme park industry. I certainly don't think this is good news for the parks. Normally a major company puts a lot of thought into succession planning at the top with a transition process to take them between leaders. For the CEO to suddenly go will make a bumpy road a bit bumpier. On top of that they have an interim CEO, so they may well be another change in leadership not too far down the line. Each time you have a change in leadership, particularly without a transition process, things can lurch in a new direction. This can mean that projects get abandoned wasting precious resources, and new ideas get hurried through.
I don't think the issue is trying to attract PETA. Sea World has seen a significant slide in visitors, and I don't think that's because all the PETA members stopped visiting. The reality is that quite a lot of people are against that kind of thing, which is why all the dolphinariums in UK closed down and none of the travelling circuses have performing animals anymore. Sea World stands on the wrong side of changing public opinion. Having said that, I can also see that a lot of the people who are against performing orcas would also be against performing dolphins and captive beluga whales. At the moment it might seem like a compromise that doesn't really appeal to either side.
It certainly will be interesting to see what can be done to salvage the company. I wouldn't be surprised if they do go through some kind bankruptcy like Six Flags did.