{"id":823830,"date":"2025-03-10T16:21:13","date_gmt":"2025-03-10T20:21:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-announces-nomination-of-four-new-independent-directors\/"},"modified":"2025-03-10T16:21:13","modified_gmt":"2025-03-10T20:21:13","slug":"six-flags-announces-nomination-of-four-new-independent-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-announces-nomination-of-four-new-independent-directors\/","title":{"rendered":"Six Flags Announces Nomination of Four New Independent Directors"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Six Flags Announces Nomination of Four New Independent Directors<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><i>Sandy Cochran, Michael Colglazier, Felipe Dutra and Steven Hoffman to Stand for Election to the Company\u2019s Board of Directors<\/i><\/li>\n<\/ul>\n<p>CHARLOTTE, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSix Flags Entertainment Corporation (NYSE: FUN) (\u201cSix Flags\u201d or the \u201cCompany\u201d), the largest amusement park operator in North America, announced today it will nominate Sandy Cochran, Michael Colglazier, Felipe Dutra and Steven Hoffman, to stand for election to its Board of Directors at the Company\u2019s 2025 Annual Meeting of Stockholders. Each of the nominees, if elected, will serve as Class I Directors for a three-year term ending in 2028.\n<\/p>\n<p>\nAfter successfully seeing the company through the first year post-merger, current directors Esi Eggleston Bracey, Michelle McKinney Frymire, D. Scott Olivet, and Enrique Ramirez Mena have each decided to resign from the Board in connection with the 2025 Annual Meeting. As such, the Six Flags Board will continue to comprise 12 directors, 10 of whom are independent.\n<\/p>\n<p>\n\u201cWe thank Esi, Michelle, Scott and Enrique for their immense contributions to our legacy company boards and their valued service on the Six Flags Board during the critical, early stages of the combined company,\u201d said Executive Chairman Selim Bassoul.\n<\/p>\n<p>\nThe nominations announced today follow a thorough review of the Six Flags Board of Directors and a director search process completed with the assistance of Spencer Stuart, a nationally recognized executive firm. Felipe Dutra and Steven Hoffman were identified by Six Flags shareholder Dendur Capital LP (together with its affiliates, \u201cDendur\u201d).\n<\/p>\n<p>\n\u201cWe\u2019re excited at the prospect of adding Sandy, Michael, Felipe and Steven to the Six Flags Board as we work to build on our considerable momentum,\u201d added Bassoul. \u201cWe are confident that our new nominees are uniquely qualified to help us continue advancing our strategy to unlock the full potential of the new Six Flags. We would also like to thank Dendur for its cooperative and constructive engagement throughout this process.\u201d\n<\/p>\n<p>\nMalcolm Levine, Managing Partner and Chief Investment Officer of Dendur, said \u201cWe have been long-term shareholders of Six Flags and legacy Cedar Fair because we believe in the strong fundamentals and significant potential of the business. We appreciate the Board\u2019s commitment to enhancing its composition and willingness to collaborate to identify strong new directors. We are confident that Sandy, Michael, Felipe and Steven bring skills and experience that will help Six Flags drive profitable growth and enhance shareholder value.\u201d\n<\/p>\n<p>\nPursuant to a cooperation agreement, Dendur has agreed to customary standstill, voting and other provisions as further described on a Form 8-K filed with the U.S. Securities and Exchange Commission.\n<\/p>\n<p><b><span class=\"bwuline\">Nominee Biographies<\/span><\/b><\/p>\n<p><b><i>Sandra (Sandy) Cochran<\/i><\/b> has extensive executive level and financial experience with both public and private companies. Ms. Cochran served as president and chief executive officer of Cracker Barrel Old Country Store, Inc. from 2011 through 2024. Prior to that, Ms. Cochran previously held numerous executive positions, including president and chief executive officer, at Books-A-Million, Inc. She began her career with SunTrust Banks, Inc.\n<\/p>\n<p><b><i>Michael Colglazier<\/i><\/b> is the president and chief executive officer of Virgin Galactic Holdings, Inc., a position he has held since 2020. Mr. Colglazier began his career in 1989 with the Walt Disney Company where he held various management positions, including serving as president of the Disney Land Resort and managing director of Disney Parks International from 2018 through 2020.\n<\/p>\n<p><b><i>Felipe Dutra<\/i><\/b> is the non-executive chairman of Waldencast PLC, a position he has held since 2021. He previously served as Chief Financial Officer of Anheuser-Busch InBev from 2004 through 2020, adding Chief Technology Officer responsibilities in 2014.\n<\/p>\n<p><b><i>Steven Hoffman<\/i><\/b> is the sole proprietor of Python Global Ventures, an investment firm he founded in 2018. Prior to that Mr. Hoffman was a partner and consumer sector head at Highline Capital Management LLC from 2001 through 2018. Mr. Hoffman began his career at Wertheim Schroder &amp; Co. as an investment banking and private equity analyst.\n<\/p>\n<p><b>ABOUT SIX FLAGS ENTERTAINMENT CORPORATION<\/b><\/p>\n<p>\nSix Flags Entertainment Corporation (NYSE: FUN) is North America\u2019s largest regional amusement-resort operator with 27 amusement parks, 15 water parks and nine resort properties across 17 states in the U.S., Canada and Mexico. Focused on its purpose of making people happy, Six Flags 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<sup>\u00ae<\/sup>, DC Comics<sup>\u00ae<\/sup> and PEANUTS<sup>\u00ae<\/sup>.\n<\/p>\n<p><b>FORWARD-LOOKING STATEMENTS<\/b><\/p>\n<p>\nSome of the statements contained in this news release that are not historical in nature are forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements as to our expectations, beliefs, goals and strategies regarding the future. Words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccreate,\u201d \u201cexpect,\u201d \u201cfuture,\u201d \u201cguidance,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cseek,\u201d \u201csynergies,\u201d \u201ctarget,\u201d \u201cwill,\u201d \u201cwould,\u201d similar expressions, and variations or negatives of these words identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These forward-looking statements may involve current plans, estimates, expectations and ambitions that are subject to risks, uncertainties and assumptions that are difficult to predict, may be beyond our control and could cause actual results to differ materially from those described in such statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct, that our growth and operational strategies will achieve the target results. Important risk factors that may cause such a difference and could adversely affect attendance at our parks, our future financial performance, and\/or our growth strategies, and could cause actual results to differ materially from our expectations or otherwise to fluctuate or decrease are discussed under the heading \u201cRisk Factors\u201d within Part II, Item 1A of our Annual Report on Form 10-K filed March 3, 2025, and in the other filings we make from time to time with the SEC. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this document and are based on information currently and reasonably known to us. We do not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the publication of this document.\n<\/p>\n<p class=\"bwalignc\"><i>This news release and prior releases are available under the News tab at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.sixflags.com&amp;esheet=54221951&amp;newsitemid=20250310666469&amp;lan=en-US&amp;anchor=https%3A%2F%2Finvestors.sixflags.com&amp;index=1&amp;md5=3817f70f51b8481b027f21262111d378\">https:\/\/investors.sixflags.com<\/a><\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250310666469r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250310666469\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250310666469\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact: Michael Russell, 419.627.2233<br \/>\n<\/b><br \/><b>Media Contact: Gary Rhodes, 704.249.6119<\/b><\/p>\n<p><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.sixflags.com&amp;esheet=54221951&amp;newsitemid=20250310666469&amp;lan=en-US&amp;anchor=https%3A%2F%2Finvestors.sixflags.com&amp;index=2&amp;md5=8888e3e949078cb47a2e8b44d19d7406\">https:\/\/investors.sixflags.com<\/a><\/b><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Pennsylvania Minnesota Michigan Ohio California North Carolina Virginia Missouri South Carolina<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Theme Parks General Entertainment Lodging Destinations Travel Teens Children Restaurant\/Bar Specialty Family Vacation Entertainment Food\/Beverage Consumer<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250310666469\/en\/2173828\/3\/SixFlagsCorpLogo_2c_to_BW.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Six Flags Announces Nomination of Four New Independent Directors Sandy Cochran, Michael Colglazier, Felipe Dutra and Steven Hoffman to Stand for Election to the Company\u2019s Board of Directors CHARLOTTE, N.C.&#8211;(BUSINESS WIRE)&#8211; Six Flags Entertainment Corporation (NYSE: FUN) (\u201cSix Flags\u201d or the \u201cCompany\u201d), the largest amusement park operator in North America, announced today it will nominate Sandy Cochran, Michael Colglazier, Felipe Dutra and Steven Hoffman, to stand for election to its Board of Directors at the Company\u2019s 2025 Annual Meeting of Stockholders. Each of the nominees, if elected, will serve as Class I Directors for a three-year term ending in 2028. After successfully seeing the company through the first year post-merger, current directors Esi Eggleston Bracey, Michelle McKinney Frymire, D. Scott &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-announces-nomination-of-four-new-independent-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Six Flags Announces Nomination of Four New Independent Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-823830","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Six Flags Announces Nomination of Four New Independent Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-announces-nomination-of-four-new-independent-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Six Flags Announces Nomination of Four New Independent Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Six Flags Announces Nomination of Four New Independent Directors Sandy Cochran, Michael Colglazier, Felipe Dutra and Steven Hoffman to Stand for Election to the Company\u2019s Board of Directors CHARLOTTE, N.C.&#8211;(BUSINESS WIRE)&#8211; Six Flags Entertainment Corporation (NYSE: FUN) (\u201cSix Flags\u201d or the \u201cCompany\u201d), the largest amusement park operator in North America, announced today it will nominate Sandy Cochran, Michael Colglazier, Felipe Dutra and Steven Hoffman, to stand for election to its Board of Directors at the Company\u2019s 2025 Annual Meeting of Stockholders. Each of the nominees, if elected, will serve as Class I Directors for a three-year term ending in 2028. After successfully seeing the company through the first year post-merger, current directors Esi Eggleston Bracey, Michelle McKinney Frymire, D. 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Each of the nominees, if elected, will serve as Class I Directors for a three-year term ending in 2028. After successfully seeing the company through the first year post-merger, current directors Esi Eggleston Bracey, Michelle McKinney Frymire, D. 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