Six Flags Entertainment (FUN) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
18 May, 2026Executive summary
The 2026 Annual Meeting will be held virtually on May 26, 2026, with voting on director elections, auditor appointment, and executive compensation approval.
The company completed a merger of equals between legacy Cedar Fair and legacy Six Flags in July 2024, forming a combined entity.
Significant leadership changes occurred, including a new CEO, John Reilly, and board transitions, with new appointments and resignations.
Seven parks were sold for $331 million in March 2026 to sharpen operational focus and reduce debt.
Voting matters and shareholder proposals
Shareholders will vote to elect three Class II directors for three-year terms, confirm Deloitte & Touche LLP as auditor, and approve executive compensation on an advisory basis.
The board recommends voting in favor of all proposals.
Shareholder proposals and nominations for the 2027 meeting must be submitted by specified deadlines.
Board of directors and corporate governance
The board will have ten directors post-meeting, with a mix of executive and independent members and strong diversity in gender and ethnicity.
Board committees include Audit and Finance, Nominating and Corporate Governance, People, Culture & Compensation, and Integration, all composed of independent directors.
The board maintains separate roles for CEO, Executive Chairman, and Lead Independent Director to ensure balanced oversight.
Stock ownership guidelines and anti-hedging policies are in place for directors and executives.
Latest events from Six Flags Entertainment
- Proxy details director elections, auditor ratification, and performance-based executive pay post-merger.FUN
Proxy filing18 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 - 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 - H1 2025 revenue up 68%, but weather and costs drove a $319M net loss; July demand rebounded.FUN
Q2 202523 Nov 2025