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Many High-Ranking Universal Executives Take an Early Retirement
Many high-ranking Universal executives are retiring early. Universal Creative, the division responsible for rides, shows and attractions at Universal parks worldwide, is losing several executives as they take advantage of an early retirement initiative.
Related – SUPER NINTENDO WORLD Opening at Universal Studios Hollywood on February 17, 2023
Senior vice president and chief creative officer of Universal Creative, Thierry Coup; president of Universal Creative, Mike Hightower; and vice president of engineering and safety at Universal Studios Florida, Mike Harrington, are among the executives who are taking voluntary early retirement packages.
The retirement packages are available to employees who are over 57 and/or who have worked at the company for more than 10 years.
Universal Creative is Comcast’s equivalent to Walt Disney Imagineering. One difference, however, is how fast Universal Creative is. It took two years from start to finish for the VelociCoaster to open compared to the 5+ years it will take for Tron Lightcycle Run to open at Walt Disney World.
While it may be confusing why so many executives are retiring from Universal when a brand new theme park is in the works (Epic Universe), the rumor is thoughtful transition plans are in place. Universal Creative is known for its strong talent development and succession training.
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