Feld Entertainment, the world’s largest producer of live shows including the Ringling Bros./Barnum & Bailey Circus, has tapped former Turner Home Video exec veep Stuart Snyder to the post of president/COO.
The nod signals the company’s expansion of its core businesses, as well as a move into other entertainment industry interests.
The company also recently changed its name to Feld Entertainment from Irving Feld & Kenneth Feld Prods. to further reflect its expansion.
“Over the last 10 years we have doubled our business, and now we are in a position to both maximize our core franchises and expand the company into new areas,” said Kenneth Feld, chairman/CEO of Feld Entertainment. “In Stuart I have found the right person to be responsible for (our) general management and collaborate with me to broaden the scope of our operations.”
Snyder’s duties will include the day-to-day operation of the various divisions within the Feld banner. He will also have a seat on the board of directors. He will report to Feld.
“I had several offers, and this was an opportunity too good to pass up,” Snyder told Daily Variety. “The company is poised for tremendous growth, and my job will be to help this landmark business continue to do what it does best, while looking for new business opportunities that will partner well with our strengths.”
Feld, which grosses more than $500 million annually, is the umbrella for a contingent of live-show-related companies.
Companies under the Vienna, Va.-based Feld organization include Sells-Floto, an international concessions firm, and prop and scenic design house Hagen-Wallace.
Snyder said he would explore TV, film and video opportunities if they “added value” to Feld’s interests. “We’ll look at every opportunity that makes sense for us,” he said.
Feld’s roadshows, which also include Walt Disney’s World on Ice and the Ice Follies, as well as the live presentation of Siegfried and Roy, entertain more than 25 million people annually on a worldwide basis.
The org also boasts a state-of-the-art facility for breeding, retirement and study of the endangered Asian elephant.
Previously, Snyder was exec veep and G.M. of Turner Home Video.