Cedar Fair executives get new contracts, higher salaries

Posted Thursday, December 27, 2012 10:12 AM | Contributed by Junior

Several top executives received their new contracts with the company, according to filings with the U.S. Securities and Exchange Commission. The execs include CEO Matt Ouimet; chief financial officer Brian Witherow; and chief operating officer Richard Zimmerman.

Read more from The Sandusky Register.

Thursday, December 27, 2012 10:45 AM
Jeff's avatar

The comments on The Register are more asinine than usual. I think getting Ouimet for a million is a bargain.

Jeff - Editor - CoasterBuzz.com - My Blog - Silly Nonsense

Thursday, December 27, 2012 4:03 PM

Cedar Point has kept Sandusky alive. The short sighted citizens of the community should be so lucky.

And, a million dollar salary for the CEO of a billion dollar company doesn't seem extravagant at all. I'd be willing to bet that the CEO of Firelands Hospital (in Sandusky) makes over $500k per year and his operation is significantly smaller that what the CEO of Cedar Fair is responsible for.

Thursday, December 27, 2012 8:57 PM
jkpark's avatar

Sounds reasonable to me, considering the magnitude of the company and that Ouimet is doing a great job overall.

Friday, December 28, 2012 1:57 PM
rollergator's avatar

As the resident "raving liberal" - that salary is quite conservative. CEOs of companies that are totally failing make many times that ALL over the place - and Ouimet's regime and results have been extremely well-received.

Monday, December 31, 2012 1:51 AM

Exactly. The pay isn't necessarily a bad thing when it's matched with results, and given CF's results, the pay probably is on the low end. It's the CEO's who make millions while (or even after) destroying a company (or the entire economy) or give themselves big raises while slashing everyone else's pay/benefits who are the real jerks.

And then one day you find ten years have got behind you
No one told you when to run, you missed the starting gun


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