Former Disney executive Matthew Ouiment will take on a new role as the president of Cedar Fair Entertainment. The company oversees a total of eighteen amusement and water parks, including Knotts Berry Farm in Buena Park. Ouimet will start immediately as president and then succeed Dick Kinzel as the CEO after his retirement in January.
"Without question, Matt is the right leader to join Cedar Fair now as it builds momentum on its renewed path of sustained, profitable growth in 2011 and beyond," said C. Thomas Harvie, independent chairman. "Throughout his career, Matt has proven to be a critical thinker … with an enviable track record for identifying growth opportunities within existing businesses in the amusement park and resort industry.”
Ouimet spent 17 years at Disney, followed by a two year stint as president of Starwood Hotels and Resorts. He currently serves as the financial and audit expert for the Board of Collecctive Brands, a $3.4 billion dollar enterprise.
"Cedar Fair is a wonderful company. Its properties are vibrant and extremely well-run, its reputation is superb and the record-setting 2010 performance has put us on a path to deliver the positive financial results,” said Ouimet. “I am truly honored to have this opportunity and sincerely thank the Board for entrusting me with this critical leadership role at this pivotal point in Cedar Fair's evolution."
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