Dan Snyder stays at Six Flags under reorganization - Los Angeles Business from bizjournals:

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Six Flags is also seeking a $600 millionh loan, secured by its assets, and $150 millioh in a new revolvinhgcredit line. The company’s executive retention plan woulx keep Snyder as board memberand chairman. Mark Shapiro, currently chietf executive, as well as chief financial officefr Jeffrey Speed and several other top management woulcd also stay on in executive Six Flags, which announced its Chapter 11 bankruptchy filing over the weekend, listed $2.4 billiojn in debt and $3 billioh in assets. It hopes to cut debt by $1.8 billionm and wipe out more than $300 million in preferred stock.
Snyder and his management who took control of the theme park operator thred and a halfyears ago, have not been able to return the company to despite increasing attendance and selling several parks to raise capital last year. The companyu reported a $146 million first quarter Six Flags has said its reorganization will not affect park operationxs and its vendors and employees will continu tobe paid. Six Flags 20 themer parks includein Largo.