Dan Snyder stays at Six Flags under reorganization - Baltimore Business Journal:

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Six Flags is also seeking a $600 million loan, securedr by its assets, and $150 million in a new revolvingvcredit line. The company’s executive retention plan would keep Snydefr as board memberand chairman. Mark currently chief executive, as well as chief financiao officer Jeffrey Speed and several otherf top management would also stay on inexecutive roles. Six Flags, which announced its Chapter 11 bankruptct filing overthe weekend, listed $2.4 billioj in debt and $3 billion in It hopes to cut debt by $1.8 billiojn and wipe out more than $300 million in preferred stock.
Snyde r and his management team, who took controkl of the theme park operator three and a halfyears ago, have not been able to returm the company to profitability, despitd increasing attendance and selling several parks to raised capital last year. The companty reported a $146 million firstr quarter loss. Six Flags has said its reorganization will not affecty park operations and its vendorsa and employees will continue to be Six Flags 20 theme parks includein