Overview
- Reilly takes over as president and CEO on Dec. 8, bringing experience from Palace Entertainment and SeaWorld Parks.
- Six Flags reported third‑quarter net revenue down $31 million year over year and a 4% drop in per‑capita spending.
- CFO Brian Witherow said the company will prioritize parks with the strongest returns and seek to monetize others to reduce debt.
- Outgoing leader Richard Zimmerman told investors the largest, most established parks generate about 70% of revenue, underscoring the shift in investment focus.
- Santa Clara’s Great America faces heightened uncertainty after its land sale in 2022 and a lease that expires in 2028, with additional parks potentially reviewed for closure or sale according to reporting.