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Shapiro out as Six Flags CEO, Al Weber named interim CEO

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Postby CoasterDave316 on May 12th, 2010, 11:37 am
Six Flags Entertainment Corporation ("Six Flags") today announced that Alexander "Al" Weber, Jr., former President and CEO of Paramount Parks, Inc., has been named President and Interim Chief Executive Officer, effective immediately. The Company is retaining a leading executive search firm and will consider both internal and external candidates to serve as Chief Executive Officer on a permanent basis.

The Company also today announced Mark Shapiro, the Company's former President and Chief Executive Officer and a member of the Board of Directors, is no longer with the Company.

Al Weber has 40 years of experience in the regional theme park business. He has successfully implemented new business strategies, organizational improvements and growth initiatives. Previously, Weber served as President and Chief Executive Officer of Palace Entertainment, LLC, the largest water park and family entertainment center company in the United States. Prior to that, Weber served as President and Chief Executive Officer of Paramount Parks, Inc from 2002 to 2006. Weber received a Bachelor's Degree in Liberal Arts and Master's Degree in Business Administration from Xavier University, and a Doctorate in Organization and Management from Capella University.

Read Full Press Release: http://www.marketwatch.com/story/al-web ... 2010-05-12
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Postby monsterfan99 on May 12th, 2010, 11:40 am
Oh man, this can only end well.
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Postby Cole on May 12th, 2010, 11:42 am
What how why?

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Postby Galvan on May 12th, 2010, 11:50 am
Typically, when a company goes through bankruptcy. A few staff follows. Look at GM and Chrysler, they emerged from bankruptcy and had new CEOs, and the like.

No surprise here.

Personally, I liked Shapiro, but I believe that with the experience that Weber gives, and how well Parmount was run pre-Cedar Fair, This will work as well.
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Postby Paradise on May 12th, 2010, 11:52 am
The re-emergence of Six Flags.
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Postby BrianPlencner on May 12th, 2010, 11:54 am
Interesting turn of events.

Did anyone see this coming, or was this kind of a shock to everyone on here?
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Postby Cryptkeeper on May 12th, 2010, 12:03 pm
Here is hoping what, in my opinion, Shapiro did right (making the parks friendlier and cleaner overall) remains, yet here's also hoping what he did wrong (mainly making what I consider illogical additions to parks) changes.

Time will tell, as it always does. :)
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Postby Chitown on May 12th, 2010, 12:27 pm
Some of you here are probably happy that he is gone (Shapiro), but you can't deny the fact that he turned Six Flags around for the better. I am actually kind of sad he is no longer a part of SF.

I like the interim replacement also. Hopefully Al Weber becomes permanent as the Paramount parks are some of the greatest in this country. It's sad news and also good news.
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Postby Coaster Justin on May 12th, 2010, 2:08 pm
I Wasn't a huge fan of Shapiro cause He had very little Theme Park Experience. Sometimes that works, sometimes that Doesn't.


Let's See what Paramount Parks added from 2002-2006:

- Mondial Revolution
- Zamperla Volare
- Premier Rides Italian Job Coasters
- Boomerang Bay Waterparks
- Huss Jump 2
- Vekoma Jr. Suspended Coaster
- Mack Mouse Coasters
- Zamperla DiskO Coaster
- Kids Area Expansions
- Chance Revolution
- Larson Flying Scooters
- Sally Interactive Dark Rides
- Intamin Gyro Drop
- Huss Floorless Top Spin
- Huss Giant Frisbee
- Huss Giant Top Spin


It Can't Hurt, Though I'm willing to bet it's easier to take care of 5 Parks than 18. Time will Tell.
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Postby onyxhotel08 on May 12th, 2010, 2:24 pm
Was he let go or did he want to go? Not that long ago he gave an interivew how happy he is they are out of bankruptcy. Shocking
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Postby sfgamguy on May 12th, 2010, 3:05 pm
Well, I'm not sure I know what to say. Is this good or bad?
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Postby Paradise on May 12th, 2010, 3:08 pm
As stated before, only time will tell if it will be good or bad.
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Postby wishman35 on May 12th, 2010, 5:13 pm
I wonder if this will affect a decision made on where Chang will be headed?
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Postby Necropolis on May 12th, 2010, 5:51 pm
Oh and btw lol Mark Shapiro is spelled wrong in the healine. Its spelled "Shaprio" instead of Shapiro lol. Thought id point that out just incase
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Postby FParker185 on May 12th, 2010, 6:39 pm
I don't think it would affect Chang at all, but one thing that always made me wonder with Paramount Parks was their aversion to big rides. Remember, no Paramount park ever had a Hyper Coaster until Cedar Fair took over, out of the 5 paramount parks there were a total of 4 B&M coasters at only 2 of their parks, they managed to completely trash PGA, they always installed very low capacity or gimmicky coasters(or both rolled into one)... Volcano, Hypersonic, Stealth, Italian Job, Invertigo's, Outer LIMits, etc, and those were going into parks with 3+ million annual attendance. Now I don't know if that was the fault of this Al Weber or if it was Paramount Corporate. Not saying this isn't good for SF, but there's definitely a wait and see approach that needs to be taken.
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Postby david on May 12th, 2010, 7:24 pm
Well, I guess this is a wait and see. I am excited to see a CEO that has great experience, and I believe this shouldn't make any changes to Chang plans. I felt this was almost inevitable when Snyder was pulled out. I am happy that we have a CEO that values thrills, and understands their importance. Maybe more exhillirating rides, ala, Mr. Freeze?
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Postby Galvan on May 12th, 2010, 10:30 pm
I dont care if Santa Claus was chosen to run Six Flags, the fact remains the company is still well over a billion dollars in debt. So unless Mr. Weber wants to run Six Flags into the ground and layoff thousands of people, He's not going to start building multi-million dollar roller coasters from B&M and Premier etc.
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Postby Coaster Justin on May 12th, 2010, 11:45 pm
[quote="FParker185"]I don't think it would affect Chang at all, but one thing that always made me wonder with Paramount Parks was their aversion to big rides. Remember, no Paramount park ever had a Hyper Coaster until Cedar Fair took over, out of the 5 paramount parks there were a total of 4 B&M coasters at only 2 of their parks, they managed to completely trash PGA, they always installed very low capacity or gimmicky coasters(or both rolled into one)... Volcano, Hypersonic, Stealth, Italian Job, Invertigo's, Outer LIMits, etc, and those were going into parks with 3+ million annual attendance. Now I don't know if that was the fault of this Al Weber or if it was Paramount Corporate. Not saying this isn't good for SF, but there's definitely a wait and see approach that needs to be taken.[/quote]

Volcano, Hypersonic, Stealth, Invertigo's, and Outer Limits were all Built LONG Before Weber took over. It's like Blaming Shapiro for DejaVu.


Also BASED on a 2003 Theme Park Attendance Report according to Amusement Business on the Paramount Parks; Only Kings Island had over 3 Million.

PCW- 2.6m
PC- 1.7m
PGAm- 1.9m
PKD- 2.1m
PKI- 3.2m


They also Didn't add Big Rides for awhile cause as Cedar Fair knows, Prototypes don't always Work correctly. Or Maybe it's Just Intamin, I Mean how do you screw up a Log Flume?
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Postby onyxhotel08 on May 13th, 2010, 12:33 am
Why would this affect Chang? The plans are and have been in place for a while. A ride like Chang needs space that takes time and thought to figure out. They chose Gurnee, IL and a good portion of the ride is already here. If Chang was still in SFKK it would be a different story but the fact is a new CEO has other things to worry about than a relocated 12 year old B&M.
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Postby Ilovthevu' on May 13th, 2010, 11:08 am
Oh drat, no more Shapiro. Come on guys, we need another new sign for Jester's Wild Ride. The 2nd sign isn't good enough. Any new guy is going to improve Mark Shapiro - an ESPN - only cares about marketing type of guy, and pretends he knows Disney World because ESPN is related to Disney through ABC.

The first thing I would do if I were the new guy is repeal the locker fee. Think about this. SFGAm had to close down several games in County Fair because of less people playing the games. I bet you this has a lot to do with the locker fee, and people thinking why should I even play if I can't take it on the ride for free.
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Postby onyxhotel08 on May 13th, 2010, 12:10 pm
My theory is the parking lot is so close you can go take your crap to your car if you can't take it with you. And why would you?
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Postby Ilovthevu' on May 13th, 2010, 1:18 pm
There have been a lot of buses with kids who can't do something like this. It's also incovenience of going out of the park. Some might not even go out of the park per day. On top of it, the cheap parking lot is way far in left field. It's not like hop, skip, and jump to go out, and go in right away.

I don't have a locker problem, but I imagine a lot of people do have a problem with this, and I think it's hurting them as I said - them taking away a bunch of games in County Fair Games. Sure, they put MagiQuest in the area, but why? If they were making enough money in that area, they wouldn't need MagiQuest.
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Postby david on May 22nd, 2010, 3:00 pm
The park does not make any money off the lockers. They have to hire a supervisor to watch over them, and they also have to pay for the lockers themselves, they're not that cheap for the park.
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Postby Chitown on May 22nd, 2010, 9:56 pm
Some of you are saying that SF can only get better now because Shapiro had little experience in the theme park business. Do you guys know what Burke's (CEO before Shapiro) backround was in parks or entertainment for that matter? ZERO!!!!

The last group of bigshots before Shapiro's group were bankers, lawyers, and accountants. The only guy on Burke's board that had any experience was Gary Story (who started out as an hourly seasonal and worked his way up).

Shapiro had more experience when he came on board then Burke and seemed to understand that if you have no money, you don't go out and max out the credit cards.
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Postby david on May 22nd, 2010, 10:37 pm
I must admit, Shapiro was very good financial, he knew what to do to make money, that's why I was surprised that under bankruptcy he's removed. He left ESPN, was removed from Six Flags, I wonder what might be next for him.

Although, personally, I feel that he didn't exactly know how to manage the importance of parks/ how or what attractions parks should receive.
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