Cedar Fair Entertainment Company Appoints Daniel J. Hanrahan as Board Chairman
December 19, 2019 at 06:30 am EST
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Cedar Fair Entertainment Company announced that it has appointed Dan Hanrahan as its independent board chairman, effective January 1, 2020. Mr. Hanrahan has served on Cedar Fair’s Board of Directors since June 2012, most recently as chair of the Compensation Committee. Matthew A. Ouimet, executive chairman, and Debra Smithart-Oglesby, lead independent director, will serve in those roles through the end of 2019 and will continue to serve as directors under Mr. Hanrahan’s leadership. Mr. Hanrahan has more than 30 years of senior executive experience in the consumer-packaged goods, retail, travel and hospitality industries, including serving as president and CEO for both Celebrity Cruise Lines and Regis Corporation. He currently serves as a director and member of the audit committee for Lindblad Expedition Holdings.
Cedar Fair, L.P. is a regional amusement park operator. The Company operates approximately 13 properties, consisting of 11 amusement parks, four separately gated outdoor water parks, and resort accommodations totaling more than 2,300 rooms and 600 luxury recreational vehicle (RV) sites. Its parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with rides and immersive entertainment. Its parks operate seasonally except for Knott's Berry Farm, which is typically open daily on a year-round basis. Its seasonal parks are generally open daily from Memorial Day until Labor Day. In addition to daily operations, its seasonal parks are open during select weekends, including at various properties in the fourth quarter for Halloween and winter events. Its Cedar Fairs parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, Texas and Toronto, Ontario.