Six Flags Entertainment Corporation has named James Reid-Anderson as its new chairman, president and chief executive officer (CEO), effective immediately.
The 51-year-old British executive previously performed the same role at Dade Behring Holdings, the world’s largest provider of clinical diagnostics. Under his guidance, the company emerged from Chapter 11 bankruptcy and was sold to Siemens AG, where Reid-Anderson took up a succession of senior positions.
“Jim is an exceptional CEO, and he brings to Six Flags an outstanding track record of shareholder value creation,” remarks Usman Nabi, Six Flags executive chairman and a senior partner at H Partners. “As past investors in Dade Behring, we understand the value Jim delivers to shareholders, and the board is confident that he will repeat this success at Six Flags.”
“I’d like to acknowledge the tremendous work of Al Weber,” Nabi continues, “who has served as interim CEO over the last three months. Under Al’s leadership, we’ve streamlined our operations and re-focused our organisation on our core theme park business. Al’s deep industry experience will complement Jim’s capabilities.”
Weber now becomes the new chief operating officer of Six Flags, while Nabi will continue to serve as a director and a member of the executive committee.
Pictured above: James Reid-Anderson