New Six Flags CEO Is Blaming a Disappointing Quarter on the Rain
Photo Credit: Six Flags said it had a disappointing first half of the year due to bad weather. Pictured here is the Wahoo Racer, a slide at Six Flags White Water in Georgia. Six Flags Entertainment
Skift Take
Analysts sounded concerned that a stretch of bad weather could put Six Flags Entertainment's financial targets for 2017 at risk. The company better hope for clear skies moving forward — or find ways to reach the goals despite rainy days.
As he stepped back into a familiar role Wednesday, Six Flags Entertainment CEO Jim Reid-Anderson said he doesn't plan to change much about the strategies he first put into place seven years ago.
But Reid-Anderson, who is also the regional theme park company's president and chairman, said he will take a new focus on one thing as the operator grows and expands internationally: speed. He was named last week to replace John Duffey, who retired suddenly after serving as president and CEO since early 2016.
"I'll be blunt with you: I think that we can move with more urgency, I think the opportunities we have are with us right now," Reid-Anderson told analysts Wednesday during an earnings call. "And I think we need to execute faster, more efficiently, and in a more focused way to truly achieve our potential."
His comments came as the company announced mixed but ultimately disappointing results for the sec
