Six Flags appoints Marilyn Spiegel to board of directors

Yahoo Finance Live anchors discuss news that Six Flags has appointed Marilyn Spiegel to its board of directors.

Video Transcript

[AUDIO LOGO]

BRAD SMITH: But time for Cut for Time, three stories, one minute each. We got the lightning edition today. We start with this-- Six Flags shaking up its board of directors, appointing Marilyn Spiegel, effective immediately. Spiegel is going to stand for election with the other six directors at the theme park's company-- at the theme park company's, rather, 2023 annual general meeting here. And this is kind of a direct correlation to the activist campaign that have been moved forward there as well within Six Flags. They had an activist investor--

JULIE HYMAN: Land & Buildings.

BRAD SMITH: --Land & Buildings, yes, that was looking for more of the profitability to move forward around the real estate assets at Six Flags.

BRIAN SOZZI: Wish them well. Unclear-- I'm sure Marilyn seems very experienced-- how one new director on this board of six board members standing for re-election are going to drive a lot of change at Six Flags. Just make better rides, make things cheaper, and serve better food.

BRAD SMITH: Well, and she's got a big background within the casinos as well. Wynn is part of that background, Wynn Las Vegas--

BRIAN SOZZI: So maybe I'll place a bet that I'm going to get off a roller coaster safe and sound. Maybe I can do that on my mobile phone if Six Flags puts it out there.

BRAD SMITH: I don't think I've gotten on a roller coaster in a while.

JULIE HYMAN: Yeah, I won't place any bets that I won't get off and get sick, not get sick, because that is, unfortunately, what happens to me.