Cedar Fair Management
Management criteria checks 4/4
Cedar Fair's CEO is Richard Zimmerman, appointed in Oct 2016, has a tenure of 7.58 years. total yearly compensation is $6.54M, comprised of 14.5% salary and 85.5% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth $13.17M. The average tenure of the management team and the board of directors is 4.9 years and 4.2 years respectively.
Key information
Richard Zimmerman
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 14.5% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4.9yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Six Flags And Cedar Fair: 2024 Sets Up For A Major Re-Rating
Dec 30Six Flags And Cedar Fair Decide To Ride Together
Nov 03Cedar Fair: Spectating The Debt Rollercoaster
Sep 01Cedar Fair: Pain Is Transitory And Shares Look Cheap
Jun 16Cedar Fair Q4 2022 Earnings Preview
Feb 15Cedar Fair: Still A FUN Way To Make Money
Dec 31Cedar Fair Q3 2022 Earnings Preview
Nov 01Cedar Fair: Upside Is Still Warranted
Oct 09Cedar Fair hits record revenue through Labor Day
Sep 08Cedar Fair goes ex-dividend today
Aug 30Cedar Fair Q2 2022 Earnings Preview
Aug 02Cedar Fair: Recession And Inflation Do Not Worry Me One Bit
Jul 17Cedar Fair: A Strong Recovery Warrants Upside
Jun 14Cedar Fair: Plenty Of Mustard Left On This Corndog
Apr 02Cedar Fair: An Attractive Turnaround Play
Dec 14Cedar Fair Facing Higher Costs, Higher Debt, And Lower Attendance
Jul 15Cedar Fair Q1 2021 Earnings Preview
May 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$950k | US$125m |
| Sep 24 2023 | n/a | n/a | US$147m |
| Jun 25 2023 | n/a | n/a | US$264m |
| Mar 26 2023 | n/a | n/a | US$262m |
| Dec 31 2022 | US$7m | US$908k | US$308m |
| Sep 25 2022 | n/a | n/a | US$268m |
| Jun 26 2022 | n/a | n/a | US$83m |
| Mar 27 2022 | n/a | n/a | -US$27m |
| Dec 31 2021 | US$10m | US$850k | -US$49m |
| Sep 26 2021 | n/a | n/a | -US$127m |
| Jun 27 2021 | n/a | n/a | -US$411m |
| Mar 28 2021 | n/a | n/a | -US$485m |
| Dec 31 2020 | US$1m | US$770k | -US$590m |
| Sep 27 2020 | n/a | n/a | -US$482m |
| Jun 28 2020 | n/a | n/a | -US$156m |
| Mar 29 2020 | n/a | n/a | US$40m |
| Dec 31 2019 | US$5m | US$800k | US$172m |
| Sep 29 2019 | n/a | n/a | US$147m |
| Jun 30 2019 | n/a | n/a | US$170m |
| Mar 31 2019 | n/a | n/a | US$126m |
| Dec 31 2018 | US$4m | US$750k | US$127m |
| Sep 23 2018 | n/a | n/a | US$207m |
| Jun 24 2018 | n/a | n/a | US$185m |
| Mar 25 2018 | n/a | n/a | US$197m |
| Dec 31 2017 | US$3m | US$646k | US$215m |
Compensation vs Market: Richard's total compensation ($USD6.54M) is about average for companies of similar size in the US market ($USD5.66M).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Zimmerman (62 yo)
7.6yrs
Tenure
US$6,535,516
Compensation
Mr. Richard A. Zimmerman has been Chief Executive Officer of Cedar Fair Management, Inc., General Partner of Cedar Fair, L.P. since January 01, 2018 and has been its President since October 26, 2016. He ha...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.6yrs | US$6.54m | 0.64% $ 13.2m | |
| Executive VP & CFO of Cedar Fair Management Inc. | 12.3yrs | US$2.28m | 0.37% $ 7.7m | |
| Chief Operating Officer of Cedar Fair Management Inc. | 6.4yrs | US$2.65m | 0.24% $ 4.9m | |
| Executive VP | 2.5yrs | US$1.42m | 0.055% $ 1.1m | |
| Senior VP & Chief Human Resources Officer | 1.2yrs | US$1.53m | 0.036% $ 747.6k | |
| Senior VP & Chief Accounting Officer of Cedar Fair Management Inc. | 12.3yrs | US$344.80k | 0.11% $ 2.3m | |
| Senior VP & Chief Information Officer | 2.7yrs | no data | no data | |
| Corporate Director of Investor Relations | no data | no data | no data | |
| Corporate Vice President of Sales - Cedar Fair Management Co. | 12.6yrs | no data | no data | |
| Senior Vice President of Creative Development at Cedar Fair Management Inc. | 4.9yrs | no data | no data | |
| Senior VP & Chief Procurement Officer of Cedar Fair Management Inc | 3.2yrs | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data |
4.9yrs
Average Tenure
57.5yo
Average Age
Experienced Management: FUN's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.1yrs | US$6.54m | 0.64% $ 13.2m | |
| Independent Director of Cedar Fair Management Inc. | 1.6yrs | US$243.37k | 0.0089% $ 184.4k | |
| Independent Director of Cedar Fair Management Inc. | 10.9yrs | US$252.51k | 0.014% $ 292.4k | |
| Independent Chairman of Cedar Fair Management Inc. | 11.9yrs | US$350.01k | 0.075% $ 1.6m | |
| Independent Director of Cedar Fair Management Inc. | 4.9yrs | US$260.01k | 0.036% $ 743.1k | |
| Independent Director of Cedar Fair Management | less than a year | US$142.58k | 0% $ 0 | |
| Independent Director of Cedar Fair Management | 3.5yrs | US$246.04k | 0.00087% $ 18.0k | |
| Independent Director of Cedar Fair Management Inc. | 1.6yrs | US$241.91k | 0.0089% $ 184.4k |
4.2yrs
Average Tenure
58.5yo
Average Age
Experienced Board: FUN's board of directors are considered experienced (4.2 years average tenure).