(File photo)
Chinese property conglomerate Dalian Wanda Group has hired the former managing director of Hong Kong Disneyland, Andrew Kam, Thepaper.cn reported.
Kam was appointed vice president of Wanda Cultural Industry Group and president of Wanda’s theme park unit after he resigned from Hong Kong Disneyland in March, according to a Wanda spokesperson.
Wang Jianlin, the richest man in the Chinese mainland, is reported to have said that Disney’s single theme park in Shanghai is no match for his expanding roster of parks around the country. Wanda currently has plans to build 15 theme parks across China.
Kam started as managing director of Disney in Hong Kong from August 2008, the first Chinese person to hold the position. In 2012, his fourth year as managing director, Hong Kong Disneyland turned a profit for the first time since 2003.
Kam will take charge of managing the affairs of the cultural group, according to Wanda.
By 2020, Wanda Cultural Industry Group aims to be among the top five cultural companies in the world as determined by revenue, according to the company’s website.