Six Flags shareholders elect four new directors to board

CHARLOTTE, N.C. - Six Flags Entertainment Corporation (NYSE:FUN) shareholders have elected four new members to the company’s Board of Directors, according to a statement released by the amusement park operator. The company, with a current market capitalization of $32.42 million, has received a strong buy consensus from analysts, according to InvestingPro data.

Sandra Cochran, Michael Colglazier, Felipe Dutra, and Steven Hoffman will serve three-year terms on the board, expiring in 2028. Shareholders also approved the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm and confirmed an annual frequency for advisory votes on executive compensation.

"We appreciate our shareholders for recognizing the value these business leaders will provide Six Flags," said Selim Bassoul, executive chairman of Six Flags Entertainment Corporation.

The newly elected directors bring diverse experience from various industries. Cochran previously served as executive chair and CEO of Cracker Barrel Old Country Store, Inc. Colglazier currently serves as CEO of Virgin Galactic Holdings and formerly held leadership positions at Disney Parks. Dutra is chairman of Waldencast PLC and previously worked as CFO of Anheuser-Busch InBev. Hoffman operates Python Global Ventures, a family office investment firm.

Six Flags Entertainment Corporation operates 27 amusement parks, 15 water parks, and nine resort properties across 17 states in the U.S., Canada, and Mexico, making it North America’s largest regional amusement-resort operator.

The information in this article is based on a press release statement from Six Flags Entertainment Corporation.

In other recent news, Anheuser-Busch InBev reported its first-quarter 2025 earnings, showing a 7.9% growth in EBITDA, reaching the upper end of its guidance range. The company also experienced a 7.1% increase in underlying earnings per share in USD terms, with a 20.2% rise when adjusted for constant currency, while revenue rose by 1.5%. Anheuser-Busch has announced a $300 million investment in its U.S. manufacturing operations, as part of its "Brewing Futures" initiative, aiming to bolster the American manufacturing sector and create sustainable jobs. The company has also committed $17 million to enhance its Houston brewery, which is part of a broader $300 million investment plan across its U.S. facilities in 2025.

In another development, Goldman added AB InBev to its European Conviction List for June 2025, reflecting expectations of robust sales growth driven by improving volume and pricing strategies. Goldman analysts anticipate improved cash generation at AB InBev, which could lead to incremental deleveraging, supported by a weaker USD. Additionally, Anheuser-Busch’s focus on premiumization and expanding its balanced choices portfolio has shown positive results, with significant market share gains in premium and super-premium segments. The company’s strategic initiatives have been well-received, with analysts expressing optimism about its growth prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.