From the Sandusky Register…
Dick Kinzel, Cedar Fair’s president, chief executive officer and chairman of the board, says the latest corporate drama at his company could be much ado about not very much.
As the Sandusky Register and other newspapers have reported, Cedar Fair’s biggest investor, Q Funding, has filed SEC documents calling for a shareholder vote on whether Cedar Fair should find a new board chairman while keeping Kinzel aboard as CEO.
Kinzel, 70, points out that he’s scheduled to leave around the end of 2011, anyway, and the company is actively is looking for a successor.
“I’m only going to be here one more year,” he said. “I think the process will kind of take care of itself.”
When we spoke to Kinzel, we asked how the political changes in Washington, D.C., including the Republican takeover of the U.S. House, would affect his company. I’m afraid his answer won’t generate a big page one story for me.
“I don’t think that’s going to affect us at all, to be honest with you,” he said. “We go with who’s in control. We just operate in accordance with the rules.”
— Tom Jackson