Six Flags (NYSE: SIX) is a work in progress right now, including a new CEO who is drastically changing the company's business model. It will take a few years to roll the entire plan out, but the amusement park owner will likely look fairly different in three years.
Investors should consider both the promise and potential risks of such a drastic overhaul. Here are some issues to consider.
In November 2021, Six Flags hired a new CEO, Selim Bassoul. Prior to taking the helm, Bassoul had been on the company's board for around two years, one of which was spent as the non-executive chairman of the board. So he has a clear understanding of the business, even though his prior job was as the CEO of Middleby , a company that makes food-service equipment.
For further details see:
Where Will Six Flags Stock Be in 3 Years?