From the Sandusky Register…
Cedar Fair’s unitholders have voted overwhelmingly to appoint a new chairman of the board with no previous ties to the company, current chairman Dick Kinzel announced at today’s special meeting of Cedar Fair unitholders.
A second proposal, to make paying cash dividends a higher priority than paying off debt, is too close to call, and the result will not be known until all the votes are in and counted. That will be in a few days, he said.
Kinzel will stay on as CEO until the end of year and will remain as chairman until the board takes action.