Six Flags Board Weighs Bob Chapek for CEO Role After Q2 Slump
The board has launched a CEO search after Q2 revenue and attendance declines triggered Richard Zimmerman’s pledge to step down.
Overview
- Six Flags reported a roughly $100 million drop in second-quarter revenue, alongside a nine percent slide in attendance and an eight percent fall in season-pass sales.
- CEO Richard Zimmerman has pledged to step down once the board names his replacement.
- The board’s CEO search has fueled unconfirmed speculation that former Disney Parks chief Bob Chapek could take the helm.
- During his Disney tenure, Chapek oversaw major projects like Shanghai Disneyland and Star Wars: Galaxy’s Edge while drawing criticism for guest-fee policies.
- Industry analysts say the next leader will face pressure to cut costs, streamline operations or even close underperforming parks to reverse the downturn.