Richard Zimmerman

President and Chief Executive Officer (CEO) at Six Flags Entertainment Corporation/NEW

Board

Since January 2018

Age

64 years

Education

Earned a bachelor's degree in accounting from Georgetown University.

Tenure

Joined legacy Cedar Fair in 2006 during the acquisition of Kings Dominion and advanced through roles including Regional Vice President, Executive Vice President, Chief Operating Officer, and President & COO before being appointed CEO in January 2018.

Also at Six Flags Entertainment Corporation/NEW

Selim Bassoul

Executive Chairman of the Board

Brian Nurse

Chief Legal & Compliance Officer and Corporate Secretary

Brian Witherow

Chief Financial Officer

About

Richard Zimmerman is currently 64 years old and holds a strong academic foundation in accounting, having earned a bachelor's degree from Georgetown University.

He began his career at legacy Cedar Fair in 2006 when the company acquired Kings Dominion, gaining invaluable operational experience as he assumed increasing responsibilities starting as Vice President and General Manager. His progression within the organization saw him serving as Regional Vice President, Executive Vice President, Chief Operating Officer, and President & Chief Operating Officer.

In January 2018, he was appointed President and Chief Executive Officer, a role in which he has led strategic growth and operational improvements. His leadership journey is marked by consistent promotions and significant contributions to the company's evolution, while he also serves as a senior advisor at Velocity Capital Management, showcasing his broader influence in the sports, media, and entertainment sectors.

$FUN Performance Under Richard Zimmerman

Past Roles

Organization	Role	Date Range	Details
Cedar Fair, L.P.	President and Chief Operating Officer	October 2016 – December 2017	Served as President and COO
Cedar Fair, L.P.	Chief Operating Officer	October 2011 – October 2016	N/A
Cedar Fair, L.P.	Executive Vice President	November 2010 – October 2011	N/A
Cedar Fair, L.P.	Regional Vice President	June 2007 – November 2010	N/A
Kings Dominion	Vice President and General Manager	1998 – 2006	Held prior to Cedar Fair acquisition

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	Not provided	N/A	No specific details provided
Incentive RSUs	Not provided	N/A	No specific details provided
2024 RSA (Restricted Stock Awards)	36,171 shares	1/3 vesting on 3/31/2025, 1/3 vesting on 2/23/2026, 1/3 vesting on 2/22/2027	Company Shares (as Converted/Post-Closing)

Performance Compensation

Data from FY 2024

Annual Bonus

Metric	Details
Target Annual Cash Incentive	$1,650,000 (150% of base salary of $1,100,000 as referenced, though specific base salary details are not provided )
2024 Incentive Amount	Pro-rata portion at 50% resulting in $825,000
Performance Metrics	Service-based and performance-based goals (may include adjusted EBITDA among other criteria)
Vesting / Conditions	Must be employed on December 31, 2024; determination made by the Board in good faith

Incentive PSUs

Metric	Details
Target Shares	163,116 shares
Performance Metrics	Adjusted EBITDA performance goals with potential outcomes ranging between 0% and 200% of the target
Vesting Schedule	Scheduled to vest 100% on December 31, 2026; contingent upon continued employment through the determination date
Grant Date Fair Value	$44.82 per share/unit
Additional Conditions	No adjustments for dividends unless specified; vesting contingent on meeting performance goals

Completion Bonus

Metric	Details
Bonus (A)	50% vests on December 4, 2024, and remaining 50% on June 4, 2025
Bonus (B)	50% vests on February 6, 2025, and remaining 50% on June 4, 2025
Additional Details	No specific monetary amounts provided

If further performance thresholds, exact evaluation criteria, or grant dates are required, the provided documents do not offer additional details.