Cedar Fair CEO Dick Kinzel to retire at end of 2007 season
Posted Wednesday, August 20, 2003 11:40 AM | Contributed by Gemini
Dick Kinzel, president and CEO of Cedar Fair, L.P., announced on Monday that he will retire at the end of the 2007 season. Kinzel is widely credited for turning Cedar Fair into an industry power and was the driving
force behind Magnum XL-200, Millennium Force, and Top Thrill Dragster.
No one I've met in this industry impresses me as much as Dick Kinzel. He's world class.
I bet they hire from within, I just hope it's not Dan Keller. He might perform well fiscally, but operationally I've been seriously unimpressed by his presence (or really, lack thereof) at Cedar Point.
------------------ Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com DELETED! What time does the water show start?
Is this where the rumors of "He's sticking around for CP's 500 foot Ozonecoaster coming in 2007" start. Everybody can talk about how it's in the 5 year plan and that's why he's announcing his retirement this early.
I have mixed feelings about Kinzel. There is no doubt about the success Cedar Fair has attained during his tenure. You have to give him some props though b/c he is one of the few CEO's you can see fairly regularly on the midways and I have never once seen him step over a piece of garbage. He is also very good with speaking with the guests.
It will be interesting to see the power shift. At least there is plenty of time to see it play out.
I have the utmost respect for anyone that can go from the very bottom of a company flipping burgers, to the very top. Plus, there's only one other park out of there where you can see the head of it picking up garbage (well, maybe 2). Here's hoping for 4 more great years!
------------------ - "I used to be in the audio/visual club, but I was kicked out because of my views on Vietnam........and I was stealing projectors" - Homer Simpson
I am almose positive that he owns the house, not the company (though I think it was paid for by the company as part of his compensation). If I were him I would head south and not look back. It is time to enjoy his children and grandchildren and hit the links. The man hasn't had a summer off since the 70's for crying out loud.
If someone from another Cedar Fair park was appointed president/CEO of Cedar Fair, could we see them favor their old park and have it grow instead of distributing evenly and less to Cedar Point? A change in a top spot could mean a lot of changes for Cedar Fair.
Jeff, I was gonna use the watershow for my signature! Oh well.
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Well, I agree about what was said about Keller, At a certain employee event Kinzel was in a t-shirt and shorts and uncle sam hat serving hot dogs talking to employes (those not afraid of him), while Keeler stood around in a tie talking to his family.
CF is a limited partnership and like Ford I think it has two types of stock, the people who bought the park in the late 70's all had to ante up and got A stock. I herd Kinzels FUN holding is somewhere around 18% but that could be off, its an awful lot is all that I know.
No matter whos in charge CP will Always be Top Dog in the chain, it woudl be ridiculous for it not to be. The only other park that even comes close is Knott's and their land locked status keeps them from really expanding into something like Cedar Point.
------------------ If given the choice I'd choose a hamburger over a hotdog anyday of the week.
Larry MacKenzie is the GM of Valleyfair but I don't see him as a candidate.
My guess at a short list from inside would be...
Bruce Jackson, Dan Keller, Jack Falfas or John Albino. I would be surprised though if it turned out to be Albino or Falfas for several reasons.
I seriously doubt they would go outside the company unless they stumbled on an executive from a Disney-type company who might be able to take them to the "next level." It just isn't in Cedar Fair style to go outside. Frankly, I don't know Camille Jourden-Mark but I was surprised she was kept on as GM at MA just b/c she wasn't a CF insider.