- Joined
- Jul 15, 2007
Former DLR and DCL president Matt Ouimet is taking over at Cedar Fair according to reports this morning.
http://abcnews.go.com/Business/wireStory?id=13884664
http://abcnews.go.com/Business/wireStory?id=13884664
A former Disney executive is taking over the reins of the nation's third-largest amusement park chain.
Sandusky, Ohio-based Cedar Fair Entertainment Co. announced Monday that Matthew Ouimet (WEE'-meht) will take over for Richard Kinzel who is retiring as president and chief executive at the end of the year.
Investors who have been unhappy with the company's performance forced Kinzel to give up his spot as board chairman in January.
Ouimet spent 17 years with the Walt Disney Co. During that time, he was president of the Disney Cruise Line and the Disneyland Resort.
He'll take over as president immediately before becoming CEO early next year.
Cedar Fair operates 18 amusement and water parks, including Cedar Point and Kings Island in Ohio and Knott's Berry Farm near Los Angeles.