secwatch.observer — SEC 8-K summary
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Issuer:     Six Flags Entertainment Corporation/NEW (FUN)
CIK:        0001999001
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001193125-25-293793
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Six Flags appoints John Reilly as President and CEO effective Dec 8, 2025
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- John Reilly named President and CEO, also joins Board; succeeds Richard Zimmerman who steps down on Dec 8.
- Reilly most recently CEO of Palace Entertainment and Group COO at Parques Reunidos; 30+ years industry experience.
- Employment agreement: $1.1M base salary, 150% target bonus, $7.5M day-one equity grant, annual equity target $5.625M.
- Retention bonuses ($450k-$750k) and enhanced severance granted to six senior executives to ensure continuity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1999001/000119312525293793/0001193125-25-293793-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1999001/000119312525293793/d97073d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-293793

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer