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Universal Parks & Resorts Promotes Michael Silver to Senior Vice President, Business and Legal Affairs and Yoshi Maruyama Senior Vice President, International Business Planning and Development

Press Release: Universal Parks & Resorts
December 20, 2002
UNIVERSAL CITY, CA -- Michael E. Silver has been promoted to senior vice president, business and legal affairs and Yoshi Maruyama has been promoted to senior vice president, international business planning and development for the Universal Parks & Resorts, it was announced by Glenn Gumpel, president, international and head of global business affairs for Universal Parks & Resorts.

In his newly expanded role, Mr. Silver will continue to serve as a business affairs executive for the division and assist Mr. Gumpel in negotiating and reviewing all contracts, new business proposals, acquisitions/divestitures, partnerships and sponsorships. In addition, he will serve as in-house counsel on matters involving intellectual property, real estate development, tax issues, litigation, and labor and employment issues involving Universal's theme park and resort properties.

In his new position, Mr. Maruyama will be responsible for developing and identifying new business opportunities for Universal Parks & Resorts outside of the United States. Additional responsibilities include assisting with the oversight of existing international operations, which include Universal Studios Japan and Universal Mediterranea in Barcelona, Spain.

In announcing the promotions, Mr. Gumpel said, "As we continue to expand our parks and resorts divisions worldwide presence, Michael and Yoshi demonstrate impressive leadership skills and an eye for business development that are key to building our brand and our partnerships globally."

Mr. Silver has been with Universal Parks & Resorts since 1997, serving most recently as vice president, business & legal affairs. Previously, Mr. Silver was an attorney in private practice at Orrick, Herrington & Sutcliffe in Los Angeles and Dewey Ballantine in New York and Los Angeles.

Mr. Silver holds a bachelor of arts degree in government from Harvard University, and a juris doctor degree from the New York University School of Law.

Mr. Maruyama previously served as vice president, international business planning and development for Universal Parks & Resorts. Prior to joining Universal in 1995, Mr. Maruyama was an Associate, Investment Banking and Corporate Finance at J.P. Morgan Securities, Inc. in New York.

Mr. Maruyama earned a bachelor of science degree in operations research from Columbia University.

Universal Parks & Resorts conceives designs, constructs and operates Universal's widely diversified, themed entertainment businesses, location-based entertainment endeavors and leisure activity enterprises throughout the world. Universal Parks & Resorts is a division of Vivendi UNIVERSAL Entertainment (VUE) ( www.universalstudios.com ), the U.S.-based film, television and recreation entity of Vivendi Universal, a global media and communications company.

Source: Universal Parks & Resorts