The Dolphin Company Strengthens Leadership Amid Bankruptcy Restructuring Efforts

The Dolphin Company, renowned as the largest operator of aquatic theme parks in Latin America and a leader in dolphin experiences worldwide, recently made significant leadership changes while addressing its ongoing Chapter 11 restructuring. Under the jurisdiction of the United States Bankruptcy Court for the District of Delaware, these developments are part of a strategic move to stabilize operations and maintain stakeholder confidence during challenging times.

Recent Appointments to Key Positions

On March 18, 2025, the Company welcomed Steven Strom from Odinbrook Global Advisors as its Independent Director. Following him, Robert Wagstaff from Riveron Management Services stepped into the role of Chief Restructuring Officer on March 28, 2025. Both leaders bring extensive experience in managing distressed situations, with a combined total of over 65 years in restructuring, financial negotiations, and operational turnarounds. Notably, Strom's expertise includes creditor negotiations and asset valuations, while Wagstaff has a track record of navigating complex restructurings, especially within Latin America.

In conjunction with these appointments, Eduardo Albor was relieved of his executive duties, signaling a new direction for the company. Since then, Strom and Wagstaff have been collaboratively overseeing the daily management and strategic direction of the organization.

Commitment to Going Forward

The Dolphin Company's approach focuses on preserving value, stabilizing its operations, and finding a feasible path out of Chapter 11. The overarching aim of these leadership changes is to ensure a safe and ethical operational framework, particularly emphasizing animal welfare and safety standards. As the company navigates this complex process, it remains steadfast in prioritizing the well-being of its marine mammals while maximizing recovery opportunities for its stakeholders.

For individuals interested in learning more about this restructuring process, the Dolphin Company has provided resources on its official website Veritaglobal.net/dolphinco, which include court filings and details surrounding claims. For any inquiries, potential stakeholders or concerned members of the community can reach out via telephone numbers provided for both U.S. and international callers.

A Vision for the Future

The Dolphin Company operates 30 aquatic parks and dolphin habitats across eight countries, offering visitors interactive opportunities and promoting environmental stewardship through education and conservation initiatives. As the company moves forward under the guidance of its newly appointed leaders, it aims to reinforce its commitment to enhancing visitor experiences while maintaining high standards for animal care.

With its global presence and steadfast dedication to marine education and wildlife conservation, the Dolphin Company continues to be a pivotal player in the entertainment industry, adapting to challenges and evolving in the face of adversity. Stakeholders and customers alike can look forward to a rejuvenated organization that prioritizes operational excellence and ethical practices in the realms of animal welfare and entertainment.