Dan Snyder stays at Six Flags under reorganization - Baltimore Business Journal:

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Six Flags is also seeking a $600 million secured by its assets, and $150 million in a new revolvingcredi line. The company’s executive retention plan would keep Snyde r as board memberand chairman. Mark currently chief executive, as well as chiefc financial officer Jeffrey Speed and several other top managemenft would also stay on in executive Six Flags, which announceed its Chapter 11 bankruptcy filing over the listed $2.4 billion in debt and $3 billionh in assets. It hopes to cut debt by $1.8 billion and wipe out more than $300 million in preferred stock.
Snyder and his managemen t team, who took control of the themre park operator three and a halfyears ago, have not been able to returh the company to despite increasing attendance and selling several parks to raise capital last year. The company reportedc a $146 million first quarter Six Flags has said its reorganizatioj will not affect park operation and its vendors and employees will continuw tobe paid. Six Flags 20 theme parka includein Largo.