BNET Industries

Market Cap:$401.9M
Last Fiscal Year Sales:$568.7M
  • Public
  • US
Dow Jones Description

Cedar Fair promises a wet and wild ride. Founded in 1983 and headquartered in Sandusky, OH, Cedar Fair, L.P. (NYSE: FUN) owns and operates amusement parks and water parks. The company has Cedar Point, Dorney Park & Wildwater Kingdom, Geauga Lake & Wildwater Kingdom, Knott's Berry Farm, Michigan's Adventure, Valleyfair, and Worlds of Fun. Its parks offer roller coasters, go-karts, rides, and ancillary food, drink and souvenir vending. About 12.7 million visiters per year go to the parks. The company had 2005 revenue of about $568.7 million and employs about 1,300 people. In May 2006, it signed an agreement to acquire Paramount Parks from CBS Corporation for about $1.3 billion.

Chairman, President & CEO
Richard L. Kinzel
Number of Employees 1,300
Contact Information

One Cedar Point Drive

Sandusky, Ohio 44870-5259

www.cedarfair.c...

(419) 627-2233

NAICS Code Amusement and Theme Parks: 713110

Recent Events

  • Kings Island owner suspends cash distributions to stakeholders

    11/04/09 - Financial Announcement - View Story

  • Kings Island to debut Peanuts characters in 2010

    9/04/09 - Financial Announcement - View Story

  • Peanuts gang coming to Kings Island

    9/04/09 - Joint Venture / Alliance - View Story

  • Cedar Point wants to make a splash

    9/04/09 - Joint Venture / Alliance - View Story

  • David Moenning’s Daily State of the Markets: 8/28

    8/28/09 - Bond / Stock Rating - View Story

  • KeyBanc Capital Markets Inc. downgrades Cedar Fair L.P. to 'hold'

    8/28/09 - Bond / Stock Rating - View Story

  • Dick Kinzel

    8/08/09 - Financial Announcement - View Story

News & Analysis

cedar fair l.p. - All News and Analysis

Decision Makers

Name (plus bio) Position
Bruce A. Jackson CFO & Vice President, Finance
Jack T. Falfas COO
Bill Spehn Vice President & General Manager
Camille Jourden-Mark Vice President & General Manager
Camille Mark Vice President & General Manager, Michigans Adventure
Charles Paul Vice President
Craig J. Freeman Vice President, Admin
Gregory P. Scheid Vice President & General Manager
Gregory Picon Vice President & General Manager
H. John Hildebrandt Vice President & General Manager
H. Philip Bender Vice President & General Manager
John Albino Vice President & General Manager, Dorney Park
Larry L. MacKenzie Vice President & General Manager
Mike Hasman Vice President, General Services
Peter Crage Vice President & Controller
Richard Collingwood Vice President, Admin
Robert Decker Vice President, Planning
Wayne E. Olcott Corp Vice President
Brian C. Witherow Treasurer, Corp Director, Investor Relations
Kasie Spence Director, Finance Operations
Katja I. Rall-Loepke Director, HR
Lee Alexakos Director, Corp Marketing Services
Margaret E. Mahnami Director, Purchasing
Robin B. Innes Director, Public Relations
Todd Sasala Director, Info Sys
Ann Marie Whyte Manager, Promotions & Advertising
Dan Feicht Manager, Corp Video Sys
Gary Wobser Manager, Telecomm
Paul Codispoti Manager, Art Dept

Board of Directors

Name (plus bio) Position
Richard L. Kinzel Chairman, President & CEO
Darrel D. Anderson Board of Directors
David L. Paradeau Board of Directors
Michael D. Kwiatkowski Board of Directors
Richard S. Ferreira Board of Directors
Steven H. Tishman Board of Directors
Thomas A. Tracy Board of Directors

Richard L. Kinzel, age 68, has served as chairman of the board since 2003 and as president and chief executive officer of the Partnership’s general partner since 1986. Mr. Kinzel has been employed by the Partnership or its predecessor since 1972.

Organization Position Status
Cedar Fair Entertainment Company Chairman, President & CEO Current
The Cedar Point Amusement Park President & CEO Former

Organization Position Status
Cedar Fair Entertainment Company CFO & Vice President, Finance Current
Cedar Fair Entertainment Company Board of Directors Current
Cedar Point CFO & Vice President, Finance Former

Organization Position Status
Cedar Fair Entertainment Company COO Current
Knott's Berry Farm Vice President & General Manager Current

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager Current
Geauga Lake & Wildwater Kingdom Vice President & General Manager Current

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager Current

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager, Michigans Adventure Current

Organization Position Status
Cedar Fair Entertainment Company Vice President Current

Craig J. Freeman, 55 - Craig Freeman has served as Vice President of Administration since September 2005. Prior to that, he served as Vice President and General Manager of Knott's Camp Snoopy at the Mall of America from August 1996 through 2005.

Organization Position Status
Cedar Fair Entertainment Company Vice President, Admin Current

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager Current

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager Current

Organization Position Status
Cedar Point Vice President & General Manager Current
Cedar Fair Entertainment Company Vice President & General Manager Current

H. Philip Bender, 53 – Phil Bender has served as Regional Vice President since June 2006. He served as Vice President & General Manager of Worlds of Fun / Oceans of Fun since the end of 2000.

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager Current
Worlds of Fun Vice President & General Manager Current

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager, Dorney Park Current

Organization Position Status
Cedar Fair Entertainment Company Vice President & General Manager Current
Valleyfair Vice President & General Manager Current

Organization Position Status
Cedar Fair Entertainment Company Vice President, General Services Current

Peter J. Crage, 47 – Peter Crage has served as Corporate Vice President of Finance and Chief Financial Officer since July 2005. In August 2004, he rejoined Cedar Fair to serve as Vice President and Corporate Controller after having served as Vice President of Finance at Delaware North Companies in their Parks and Resorts Division. Prior to that Mr. Crage served as Corporate Treasurer of Cedar Fair from 1999 – 2002. Mr. Crage is a certified public accountant.

Organization Position Status
Cedar Fair Entertainment Company Vice President & Controller Current
Cedar Fair Entertainment Company Board of Directors Current
The Cedar Point Amusement Park CFO & Corp Vice President Former

Organization Position Status
Cedar Fair Entertainment Company Vice President, Admin Current

Robert A. Decker, 48 – Rob Decker has served as Corporate Vice President of Planning & Design since the end of 2002. Prior to that, he served as Corporate Director of Planning and Design since 1999.

Organization Position Status
Cedar Fair Entertainment Company Vice President, Planning Current

Organization Position Status
Cedar Fair Entertainment Company Corp Vice President Current
Cedar Fair Entertainment Company Board of Directors Current

Brian C. Witherow, 42 – Brian Witherow has served as Vice President and Corporate Controller since July 2005. He served as Corporate Treasurer from May 2004 to June 2005 and as Corporate Director of Investor Relations from 1995 through 2004.

Organization Position Status
Cedar Fair Entertainment Company Treasurer, Corp Director, Investor Relations Current
Cedar Fair Entertainment Company Treasurer & Corp Director, Investor Relations Former

Organization Position Status
Cedar Fair Entertainment Company Director, Finance Operations Current
Cedar Fair Entertainment Company Director, Finance Operations Former

Organization Position Status
Cedar Fair Entertainment Company Director, HR Current
Cedar Fair Entertainment Company Director, HR Former

Organization Position Status
Cedar Point Executive Vice President, Director, Marketing & Advertising Current
Cedar Fair Entertainment Company Director, Corp Marketing Services Current
Cedar Point Director, Marketing Former

Organization Position Status
Cedar Fair Entertainment Company Director, Purchasing Current
Cedar Point Director, Purchasing Former
Cedar Fair Entertainment Company Director, Purchasing Former

Organization Position Status
Cedar Fair Entertainment Company Director, Public Relations Current
Cedar Point Director, Public Relations Current
Cedar Fair Entertainment Company Director, Public Relations Former

Organization Position Status
Cedar Point Director, Info Sys Current
Cedar Fair Entertainment Company Director, Info Sys Current
Cedar Fair Entertainment Company Director, Info Sys Former

Organization Position Status
Cedar Fair Entertainment Company Manager, Promotions & Advertising Current
Cedar Point Manager, Advertising Current

Organization Position Status
Cedar Fair Entertainment Company Manager, Corp Video Sys Current
Stanford University Lawyers Protector Plan Former

Organization Position Status
Cedar Fair Entertainment Company Manager, Telecomm Current

Organization Position Status
Cedar Fair Entertainment Company Manager, Art Dept Current
Cedar Point Manager, Art Former

Darrel D. Anderson, age 64, is currently involved with the management of private investments. He was a general partner of Knott’s Berry Farm, Orange County, California’s oldest theme amusement park, from 1960 to 1998 and served as chairman of the Knott family board. He is currently a director of and also a past chairman of the board of Olive Crest Treatment Centers, the largest provider of residential services for abused children in southern California. Mr. Anderson is a member of the Audit Committee of Cedar Fair Management, Inc.

Organization Position Status
Cedar Fair Entertainment Company Board of Directors Current

David L. Paradeau, age 66, is owner and chief executive officer of Minnesota Zephyr Limited and the Stillwater Grill in Stillwater, Minnesota. He was the founder and creator of that dining and entertainment operation, which was established in 1986. He is also the owner of D.L. Paradeau Marketing, a consulting firm. He has 43 years of experience in marketing and advertising in the brewing industry and in the amusement and entertainment business. Mr. Paradeau is the Chairman of the Nominating and Corporate Governance Committee of Cedar Fair Management, Inc.

Organization Position Status
Cedar Fair Entertainment Company Board of Directors Current
The Minnesota Zephyr chief executive officer Former

Michael D. Kwiatkowski, age 61, is a real estate broker and has also been a consultant in the food industry since 1996. Prior to that he served as Chairman of PCS, which owned and operated a chain of 11 restaurants, from 1986 to 1996. He has more than 30 years of experience in amusement parks and branded restaurant operations. Mr. Kwiatkowski is a member of the Audit Committee, the Chairman of the Compensation Committee and a member of the Nominating and Corporate Goverance Committee of Cedar Fair Management, Inc.

Organization Position Status
Cedar Fair Entertainment Company Board of Directors Current
Production Control Services, Inc. Chairman Former

Richard S. Ferreira, age 68, is a retired executive vice president and chief financial officer of Golf Hosts, Inc. (developer and owner of nationally recognized resorts in Colorado and Florida) and a past member of its Board of Directors. Mr. Ferreira was associated with Golf Hosts, Inc. for more than 27 years. Mr. Ferreira is the Chairman of the Audit Committee and a member of the Compensation Committee of Cedar Fair Management, Inc.

Organization Position Status
Cedar Fair Entertainment Company Board of Directors Current

Steven H. Tishman, age 52, has been a managing director at Rothschild, Inc., in New York, New York, since November 2002. He was a managing director of Robertson Stephens from November 1999 to November 2002, prior to which he was a senior managing director of Bear, Stearns & Co., Inc. Mr. Tishman is also a director of Odimo, Inc.

Organization Position Status
Cedar Fair Entertainment Company Board of Directors Current

Organization Position Status
Cedar Fair Entertainment Company Board of Directors Current

Executive News

  • Cedar Point wants to make a splash

    toledoblade.com - 9/04/09 - View Story

  • Peanuts gang coming to Kings Island

    Cincinnati Enquirer - 9/04/09 - View Story

  • Cedar Fair Brings a Familiar Face to Its Parks in 2010

    PR Newswire via Yahoo! - 9/03/09 - View Story

  • Cedar Fair Brings a Familiar Face to Its Parks in 2010

    Yahoo! Canada - 9/03/09 - View Story

  • Cedar Fair Completes Sale of Canadian Land

    PR Newswire - 8/21/09 - View Story

  • Dick Kinzel

    Columbus Business First - 8/08/09 - View Story

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     FUN $7.28 +0.10 (1.39% )
Average Volume 316,610
Shares Outstanding 55.21M
Market Cap 401.9M
Year High 14.15
Year Low 5.75
Earnings Per Share 0.06
P/E Ratio 121.33
Dividend 1.00
Yield 13.74
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