Six Flags Entertainment (FUN) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
18 May, 2026Executive summary
The 2025 Annual Meeting will be held virtually on June 25, 2025, with voting rights for shareholders of record as of April 28, 2025.
Key proposals include electing four Class I directors, confirming Deloitte & Touche LLP as auditor, an advisory vote on executive compensation, and a vote on the frequency of future say-on-pay votes.
2024 was transformative due to the merger of equals between legacy Cedar Fair and legacy Six Flags, creating a leading amusement park operator.
Voting matters and shareholder proposals
Shareholders will vote on four proposals: election of directors, auditor ratification, advisory approval of executive compensation, and frequency of say-on-pay votes.
Board recommends voting for all director nominees, for Deloitte as auditor, for executive compensation, and for annual say-on-pay votes.
Shareholders may submit proposals for the 2026 meeting by January 9, 2026.
Board of directors and corporate governance
Board consists of 12 directors, with a diverse mix: 58% diverse, 25% female, 33% ethnically diverse, average age 60.1, and average tenure 3.6 years.
All board committees except the Integration Committee are composed entirely of independent directors.
Board leadership is structured with separate CEO, Executive Chairman, and Lead Independent Director roles.
Stock ownership guidelines require CEO and executives to hold significant equity; all are in compliance or on track.
Latest events from Six Flags Entertainment
- Directors were elected, auditors reappointed, and executive compensation approved.FUN
AGM 202626 May 2026 - Q3 2025 net loss hit $1.2B on a $1.5B impairment, with revenue down 2% to $1.32B.FUN
Q3 202518 May 2026 - Board recommends approval of director elections, auditor, and executive pay amid major leadership changes.FUN
Proxy filing18 May 2026 - Q1 2026 revenue up 12%, EBITDA loss improved, and active pass base rose 6%.FUN
Q1 202618 May 2026 - Margin expansion and operational discipline drive 2026 outlook despite lower attendance.FUN
Q4 202519 Feb 2026 - Targets $3.8B revenue, 58M attendance, 40% margins, and $180M cost savings by 2028.FUN
Investor Day 20253 Feb 2026 - Record Q2 for Cedar Fair, Six Flags net income up, merger integration and synergy targets on track.FUN
Q2 20242 Feb 2026 - Q3 revenues surged post-merger, but net income fell; $800M+ free cash flow targeted by 2027.FUN
Q3 202416 Jan 2026 - Q4 net revenues up 85%, 2025 Adjusted EBITDA guidance at $1.08–$1.12B, strong demand.FUN
Q4 202429 Dec 2025