Posted Monday, October 17, 2011 8:39 AM | Contributed by Jeff
[Ed. note: The following is an excerpt of a press release. -J]
Cedar Fair (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, is pleased to announce the promotion of Richard A. Zimmerman to the position of Chief Operating Officer.
“During his time with Cedar Fair, Richard has demonstrated the quality of leadership and high standards that make him especially well-qualified for this role,” said Matt Ouimet, Cedar Fair’s president. “As Chief Operating Officer, Richard will be responsible for the execution of our strategic plan, leadership development and most importantly, for ensuring all of our parks deliver the high-quality guest experience that Cedar Fair is known for.”
Zimmerman has more than 20 years of experience in the amusement park industry and most recently served as Executive Vice President of Cedar Fair. Prior to that he served as Regional Vice President since June 2007 and as Vice President and General Manager of Kings Dominion since 1998. Prior to entering the amusement park industry, Richard served in various roles with Paramount Communications, Inc., including vice president of financial planning and analysis for Paramount’s Madison Square Garden Division and was a member of Paramount’s merger and acquisition team.
Read the entire press release from Cedar Fair.
Monday's seem to be the new "FUN" day at Cedar Fair as of late..strategic planning to make all these announcements at the beginning of the financial week perhaps?
I don't think stuff like this has any material effect on trading. It's so low volume to begin with that it tends to not even follow the market in general, in the strictest sense.
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