Item 5.02 Departure of Directors or Certain Officers; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers
On February 25, 2022, Sandeep Reddy, Executive Vice President and Chief
Financial Officer of Six Flags Entertainment Corporation (the "Company"),
notified the Company of his decision to resign, effective March 27, 2022. During
the interim period, Mr. Reddy will continue in the role to facilitate a smooth
transition. Mr. Reddy's resignation was a personal decision to pursue a
different career opportunity and is not the result of any disagreement with the
Company.
Stephen Purtell, 55, who currently serves as the Company's Senior Vice
President, Corporate Communications, Investor Relations and Treasurer, will
assume the role of interim chief financial officer effective March 28, 2022. No
changes have been made to Mr. Purtell's compensation at this time. Mr. Purtell
previously served as Senior Vice President, Investor Relations, Treasury and
Strategy since December 2020. From October 2016 to December 2020, Mr. Purtell
was Senior Vice President, Investor Relations and Treasurer, and from July 2012
to October 2016, Mr. Purtell was Vice President, Business Development and
Treasurer. Prior to joining the Company, Mr. Purtell served as VP, Sales
Operations and Market Research for Siemens Healthcare Diagnostics after it
acquired Dade Behring in 2007. Mr. Purtell joined Dade Behring in 2003 and held
financial positions including Assistant Treasurer, VP Corporate Planning and
Analysis, and Treasurer. Prior to joining Dade Behring, Mr. Purtell held
financial and engineering positions at IMC Global and GATX Terminals
Corporation, and was an officer in the U.S. Army. Mr. Purtell has a B.S. in
Civil Engineering from the U.S. Military Academy at West Point and an M.B.A.
from the Wharton School of the University of Pennsylvania.
Item 7.01 Regulation FD Disclosure
On February 28, 2022, the Company issued a press release announcing the
resignation of the Company's chief financial officer and appointment of an
interim chief financial officer. A copy of this press release is furnished as
Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Item 7.01, including Exhibit 99.1, shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), or otherwise subject to the liabilities of that
section, nor shall it be deemed to be incorporated by reference into any filing
under the Securities Act of 1933, as amended, or the Exchange Act, except as
expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release of Six Flags Entertainment Corporation, dated
February 28, 2022
104 Cover Page Interactive Data File (cover page XBRL tags are embedded
within the Inline XBRL document)
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