The Aquarium of the Bay, a fixture on San Francisco 's Pier 39 for almost three decades, finds itself in a financial mess due to a scandal embroiling its now-departed CEO who served for almost a decade. Last month, then-CEO George Jacob told KTVU about a massive transformation of the facility where everything but the aquatic tunnels would be removed and replaced by a much bigger building at warp speed.
But at the insistence of the Board Chairman Jon Fisher, Jacob resigned over issues of unpaid bills, financial improprieties, excessive spending on travel, dining, personal spending, and holding overseas events to the tune of almost $750,000, as well as a transition the aquarium could not afford. "There will be no proliferating, there will be no events of any kind until the organization is in much better shape," said Fisher.
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