Core Points - Six Flags Entertainment Corporation announced the upcoming departure of Selim Bassoul and Daniel J. Hanrahan from the Board of Directors, effective December 31, 2025, with Marilyn Spiegel set to become the non-executive Chair of the Board starting January 1, 2026 [1][2] Leadership Transition - Marilyn Spiegel expressed her honor in being elected as the non-executive Chair of the Board, succeeding Selim Bassoul [2] - Selim Bassoul highlighted the transformation of Six Flags during his tenure, including the completion of the industry's largest merger and improvements in guest experience through technology [2] - Daniel J. Hanrahan reflected on his 12 years of service on the boards of Cedar Fair and Six Flags, emphasizing the company's strong business model and strategic vision [2] Future Plans - After stepping down, Bassoul will continue as a consultant to assist in the development of Six Flags Qiddiya City in Saudi Arabia, expected to open in the first half of 2026 [2] - The company aims to deliver exceptional guest experiences and operate parks efficiently, with the search for the next CEO already underway [2] Company Overview - Six Flags is the largest regional amusement park 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 [6] - The company focuses on providing fun and memorable experiences to millions of guests annually, featuring world-class coasters and themed rides [6]
Six Flags Announces Corporate Governance Changes