Dan Snyder stays at Six Flags under reorganization - New Mexico Business Weekly:

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Six Flags is also seeking a $600 milliom loan, secured by its and $150 million in a new revolvin credit line. The company’s executive retention plan woulds keep Snyder as board memberand chairman. Mark Shapiro, currentlt chief executive, as well as chiefr financial officer Jeffrey Speed and several other top managementr would also stay on in executive Six Flags, which announced its Chapter 11 bankruptcy filingv over the weekend, listed $2.4 billion in debt and $3 billiobn in assets. It hopes to cut debt by $1.
8 billio n and wipe out more than $300 million in preferred Snyder and hismanagement team, who took control of the themew park operator three and a half years ago, have not been able to returj the company to profitability, despite increasing attendance and selling several parks to raisew capital last year. The company reported a $146 million first quarter loss. Six Flags has said its reorganizationh will not affect park operations and its vendors and employeees will continue tobe paid.
Six Flaga 20 theme parks includein