This company has been acquired
Six Flags Entertainment Management
Management criteria checks 2/4
Six Flags Entertainment's CEO is Selim Bassoul, appointed in Nov 2021, has a tenure of 2.67 years. total yearly compensation is $5.40M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth $23.12M. The average tenure of the management team and the board of directors is 1.1 years and 3.9 years respectively.
Key information
Selim Bassoul
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 28.7% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.1yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Investor Optimism Abounds Six Flags Entertainment Corporation (NYSE:SIX) But Growth Is Lacking
Jun 26
Six Flags Entertainment: Neutral View On The Industry As Macro Conditions Are Not Positive
Jun 21Six Flags And Cedar Fair: Synergies Provide Great Upside
Apr 10With Six Flags Entertainment Corporation (NYSE:SIX) It Looks Like You'll Get What You Pay For
Feb 23Six Flags And Cedar Fair Merges: Buying The Winner
Dec 20An Intrinsic Calculation For Six Flags Entertainment Corporation (NYSE:SIX) Suggests It's 50% Undervalued
Oct 31Six Flags Entertainment (NYSE:SIX) May Have Issues Allocating Its Capital
Oct 05Six Flags Entertainment: Get Ready For Things To Get Worse Before It Gets Better
Sep 20Six Flags Entertainment: Not Enough To Get The Pulse Racing
Sep 06Six Flags Entertainment: Recommend Hold Rating Until We Can Further Verify Turnaround
Jul 22Are Investors Undervaluing Six Flags Entertainment Corporation (NYSE:SIX) By 24%?
Jul 10Six Flags Entertainment's (NYSE:SIX) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 13Six Flags Entertainment (NYSE:SIX) Could Be Struggling To Allocate Capital
Mar 10Is Six Flags Entertainment Corporation (NYSE:SIX) Trading At A 38% Discount?
Feb 16Six Flags Q3 2022 Earnings Preview
Nov 09Six Flags: A Stock To Avoid
Sep 08Six Flags Entertainment Corporation (NYSE:SIX) Analysts Are More Bearish Than They Used To Be
Aug 17Six Flags GAAP EPS of $0.53 misses by $0.48, revenue of $435M misses by $83.5M
Aug 11The Return Trends At Six Flags Entertainment (NYSE:SIX) Look Promising
Jul 13Six Flags: Riding The Roller Coaster
Jun 29Six Flags Entertainment: Attractive Prospect That Can Add A Little Fun To Your Portfolio
Jun 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$26m |
| Dec 31 2023 | US$5m | US$2m | US$39m |
| Oct 01 2023 | n/a | n/a | US$79m |
| Jul 02 2023 | n/a | n/a | US$80m |
| Apr 02 2023 | n/a | n/a | US$97m |
| Jan 01 2023 | US$2m | US$2m | US$101m |
| Oct 02 2022 | n/a | n/a | US$89m |
| Jul 03 2022 | n/a | n/a | US$133m |
| Apr 03 2022 | n/a | n/a | US$160m |
| Jan 02 2022 | US$13m | US$179k | US$128m |
| Oct 03 2021 | n/a | n/a | US$46m |
| Jul 04 2021 | n/a | n/a | -US$227m |
| Apr 04 2021 | n/a | n/a | -US$435m |
| Dec 31 2020 | US$260k | n/a | -US$423m |
Compensation vs Market: Selim's total compensation ($USD5.40M) is about average for companies of similar size in the US market ($USD6.78M).
Compensation vs Earnings: Selim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Selim Bassoul (67 yo)
2.7yrs
Tenure
US$5,400,309
Compensation
Mr. Selim A. Bassoul serves as a Non-Executive Chairman at Diversey, Inc. He served as an Independent Director at 1847 Goedeker Inc. since October 18, 2021 until November 04, 2021. Mr. Bassoul serves as Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 2.7yrs | US$5.40m | 0.50% $ 23.1m | |
| Executive VP | 2.1yrs | US$1.66m | 0.087% $ 4.0m | |
| Vice President of Operations | 1.8yrs | no data | no data | |
| VP & Chief Accounting Officer | 1.8yrs | no data | 0.0097% $ 446.4k | |
| Chief Technology Officer | less than a year | no data | no data | |
| VP of Investor Relations & Treasurer | 1.3yrs | no data | no data | |
| General Counsel & Corporate Secretary | less than a year | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data | |
| Senior Vice President of Park Operations | less than a year | no data | no data | |
| Park President of Six Flags Over Texas & Hurricane Harbor Arlington | no data | no data | no data |
1.1yrs
Average Tenure
52.5yo
Average Age
Experienced Management: SIX's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 4.4yrs | US$5.40m | 0.50% $ 23.1m | |
| Independent Non-Executive Chairman | 4.4yrs | US$480.00k | 0.054% $ 2.5m | |
| Independent Director | 1.9yrs | US$300.00k | 0.026% $ 1.2m | |
| Independent Director | 1.5yrs | US$286.10k | 0.011% $ 523.6k | |
| Independent Director | 4.5yrs | no data | no data | |
| Independent Director | 3.9yrs | US$305.00k | 0.047% $ 2.2m | |
| Independent Director | 3.9yrs | US$325.00k | 0.040% $ 1.9m |
3.9yrs
Average Tenure
53yo
Average Age
Experienced Board: SIX's board of directors are considered experienced (3.9 years average tenure).