---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-176370"
form_type: "8-K"
ticker: "FUN"
cik: "0001999001"
company_name: "Six Flags Entertainment Corporation/NEW"
filed_at: "2024-07-08T23:59:59+00:00"
generated_at: "2026-05-31T23:11:22.607540+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Six Flags appoints Selim Bassoul as Executive Chairman with $1.55M base salary

## Summary
- Base salary of $1,550,000 per year, subject to annual Board review.
- Target annual bonus of 150% of base salary; $1.5M transaction bonus paid at closing.
- Severance: 2x base salary plus target bonus, unpaid bonus, pro-rata bonus, health coverage for 24 months.
- Equity from Former Six Flags RSUs and PSUs converted to fully vested shares or Company PSUs tied to EBITDA targets.
- Merger of equals with Cedar Fair closed July 1, 2024; stock ticker remains FUN.

## SEC filing metadata
- accession: 0001193125-24-176370
- form_type: 8-K
- ticker: FUN
- cik: 0001999001
- company_name: Six Flags Entertainment Corporation/NEW
- filed_at: 2024-07-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1999001/000119312524176370/0001193125-24-176370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1999001/000119312524176370/d113645d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-176370
- JSON: https://secwatch.observer/filing/0001193125-24-176370.json
- Plain text: https://secwatch.observer/filing/0001193125-24-176370.txt

## Key facts
- Executive change
  Selim Bassoul was appointed as Executive Chairman of the Board of Directors at Six Flags Entertainment Corporation/NEW.
  - Action: appointed
  - Role: Executive Chairman of the Board of Directors
  source text: On July 1, 2024, the Company entered into an employment agreement with Selim Bassoul to serve as Executive Chairman of the Board of Directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1999001/000119312524176370/0001193125-24-176370-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.