Six Flags CEO to Step Down by 2025

By Hao Liu • Wednesday, August 06 10:18 • Permanent Link

Six Flags Entertainment Corporation (NYSE: FUN) has announced a CEO succession plan. Richard A. Zimmerman, the current President and CEO, will be stepping down from his position by the end of 2025. The board has initiated a process to identify the company's next CEO with the assistance of a leading global executive search firm, considering both internal and external candidates. Zimmerman will continue to serve as President and CEO until a successor is appointed and will also remain a director on the company's board.

Under Zimmerman's leadership, Six Flags has made significant progress on integration efforts and cost synergy goals following the merger of legacy Cedar Fair and legacy Six Flags a little over a year ago. Despite recent economic uncertainty and weather headwinds, the company is confident in its strategy to drive meaningful long-term growth, increase adjusted EBITDA, reduce net leverage, and successfully deliver on integration efforts to create value for shareholders.

Six Flags Entertainment Corporation is the largest regional amusement-resort operator in North America, with 27 amusement parks, 15 water parks, and nine resort properties across 17 states in the U.S., Canada, and Mexico. The company provides fun, immersive, and memorable experiences to millions of guests every year with world-class coasters, themed rides, thrilling water parks, resorts, and a portfolio of beloved intellectual property including Looney Tunes®, DC Comics®, and Peanuts®.

In a separate press release issued today, Six Flags announced its 2025 second-quarter results and will host a conference call with the investment community to provide additional details regarding its second-quarter results and discuss the company's business outlook. Investors and all other interested parties can access a live, listen-only audio webcast of the call on the Six Flags investor website. The market has reacted to these announcements by moving the company's shares 0.29% to a price of $30.70. If you want to know more, read the company's complete 8-K report here.

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