Ft Lauderdale, Florida 5/14/2010 8:00:00 AM
News / Business

Six Flags President, CEO Mark Shapiro Leaves Company

 

Six Flags Entertainment Corp. announced Wednesday that its president and CEO Mark Shapiro is no longer with the theme parks company, according to Associated Press.

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The theme park operator named Alexander “Al” Weber Jr. as president and interim CEO, effective immediately. The company provided no further details on Shapiro's departure.

Weber previously served as president and CEO of Palace Entertainment and subsequently held the same positions for Paramount Parks Inc. from 2002 to 2006.

Six Flags said it has hired an executive search firm to find a permanent CEO and will consider both internal and external candidates.

The company sought bankruptcy protection in June, which was negatively affected by high debt and declining park attendance.

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