Cedar Fair Retains Spencer Stuart
SANDUSKY, Ohio, Feb. 16, 2012 /PRNewswire/ -- The Board of Directors of Cedar Fair Entertainment Company (NYSE: FUN), today announced that it has retained Spencer Stuart, one of the world's leading executive search consulting firms, to assist the Company in reviewing the composition of its Board of Directors in advance of the Company's 2012 Annual Meeting of Unitholders.
As part of this process, Spencer Stuart will work with the Company's Nominating and Corporate Governance Committee to identify and evaluate qualified individuals to be considered as potential nominees to its Board of Directors.
"We look forward to working with Spencer Stuart as we perform our annual review of our Board composition and its alignment with the Company's long-term growth strategy," said Eric Affeldt, chair of Cedar Fair's Nominating and Corporate Governance Committee. "It is important that our Board has the appropriate expertise and diversity to continue to deliver long-term growth and value creation for all unitholders."
About Spencer Stuart
Spencer Stuart is one of the world's leading executive search consulting firms. Privately held since 1956, Spencer Stuart applies its extensive knowledge of industries, functions and talent to advise select clients — ranging from major multinationals to emerging companies to nonprofit organizations — and address their leadership requirements. Through 51 offices in 27 countries and a broad range of practice groups, Spencer Stuart consultants focus on senior-level executive search, board director appointments, succession planning and in-depth senior executive management assessments. For more information on Spencer Stuart, please visit www.spencerstuart.com.
About Cedar Fair
Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio, and one of the largest regional amusement-resort operators in the world. The Company owns and operates 11 amusement parks, six outdoor water parks, one indoor water park and five hotels. Its parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, and Toronto, Ontario. Cedar Fair also operates the Gilroy Gardens Family Theme Park in California under a management contract. Cedar Fair's flagship park, Cedar Point, has been consistently voted the "Best Amusement Park in the World" in a prestigious annual poll conducted by Amusement Today newspaper.
Contacts:
Cedar Fair Entertainment Company
Stacy L. Frole, Director of Investor Relations
(419) 627-2227
Spencer Stuart
Robert S. DeVries
(305) 567-5865
SOURCE Cedar Fair Entertainment Company
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