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Cedar Fair Lp CEDAR FAIR L P FORM 8-K (Current report filing) Filed 06/09/11 for the Period Ending 06/08/11 Address ONE CEDAR POINT DRIVE SANDUSKY, OH 44870 Telephone 4196260830 CIK 0000811532 Symbol FUN SIC Code 7990 - Miscellaneous Amusement And Recreation Industry Recreational Activities Sector Services Fiscal Year 12/31 http://www.edgar-online.com © Copyright 2014, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 8, 2011 CEDAR FAIR, L.P. (Exact name of Registrant as specified in its charter) DELAWARE 1-9444 34 -1560655 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File No.) Identification No.) One Cedar Point Drive, Sandusky, Ohio 44870 -5259 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (419) 626 -0830 N.A. (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS ; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS On June 8, 2011, Peter J. Crage, Executive Vice President and Chief Financial Officer, announced his resignation from Cedar Fair Entertainment Company, effective June 22, 2011. All compensation and benefits pursuant to Mr. Crage's employment agreement will cease on his last day of his employment. The company also issued a news release with this announcement, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K. ITEM 9.01 Financial statements and exhibits Exhibit 99.1 News release of Cedar Fair, L.P. dated June 9, 2011. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CEDAR FAIR, L.P. By Cedar Fair Management, Inc., General Partner By: /s/ Richard L. Kinzel Richard L. Kinzel President and Chief Executive Officer Date: June 9, 2011 INDEX TO EXHIBITS Exhibit Number Description 99.1 News release of Cedar Fair, L.P. dated June 9, 2011 News Release Exhibit 99.1 For Immediate Release Contact: Stacy Frole (419) 627-2227 June 9, 2011 PETER J. CRAGE TO RESIGN AS CEDAR FAIR'S CHIEF FINANCIAL OFFICER • Crage to resign as of June 22, 2011 to pursue a new professional opportunity • Finance function to be lead by David R. Hoffman, vice president of finance and corporate tax, and Brian C. Witherow, vice president and corporate controller, while Company conducts a search for a successor • Company on track to name a new president and CEO -successor in the near future SANDUSKY, OHIO, June 9, 2011 - Cedar Fair Entertainment Company (NYSE: FUN) today announced that Peter J. Crage has submitted his letter of resignation as the Company's chief financial officer, effective June 22, 2011. Crage, 49, who has served in this position since 2005, is leaving the Company to pursue a new professional opportunity. David R. Hoffman, 42, vice president of finance and corporate tax, and Brian C. Witherow, 44, vice president and corporate controller, will lead the finance function in the interim while the Company conducts a search for Crage's successor. “On behalf of the Board and the entire organization, I want to sincerely thank Peter for his tireless efforts and loyal service to Cedar Fair over the years,” said Dick Kinzel, president and chief executive officer. “Peter is a consummate professional and an even better person. His insight and candor will be missed. We wish him nothing but the very best as he moves on to this new opportunity. “We built significant operational and financial momentum during the past year and fully expect to maintain this strong performance trajectory in 2011 and beyond,” he said. “Given the strength of our financial team, we expect this transition to be seamless.” “I wish to thank Dick and my colleagues, as well as the Board, for the confidence they have consistently shown me during my tenure at Cedar Fair,” said Crage. “While I am tremendously excited about my new position, it was certainly not an easy decision for me to make given my strong connection to Cedar Cedar Fair Entertainment Company - One Cedar Point Drive, Sandusky, Ohio 44870-5259 416-627-2233 PETER J. CRAGE TO RESIGN AS CEDAR FAIR'S CHIEF FINANCIAL OFFICER June 9, 2011 Page 2 Fair and the wonderfully talented men and women who work here. I am proud of what we accomplished together and look forward to watching them build upon this success.” As previously announced, the Company is in the process of naming a new president, who will succeed Kinzel as chief executive office upon the completion of his contract. Today's announcement does not, in any way, affect the Company's plan to name this new senior leader in the near future. 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. Amusement parks in the Company's northern region include two in Ohio: Cedar Point, consistently voted “Best Amusement Park in the World” in Amusement Today polls, and Kings Island; as well as Canada's Wonderland, near Toronto; Dorney Park, PA; Valleyfair, MN; and Michigan's Adventure, MI. In the southern region are Kings Dominion, VA; Carowinds, NC; and Worlds of Fun, MO. Western parks in California include: Knott's Berry Farm; California's Great America; and Gilroy Gardens, which is managed under contract. ### Cedar Fair Entertainment Company - One Cedar Point Drive, Sandusky, Ohio 44870-5259 416-627-2233 .
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