Cedar Fair makes board appointments

Unit holders elected Scott Olivet and re-elected Eric Affeldt and John Scott III to three-year board terms.
Register
Jun 8, 2013

 

“The collective expertise and experience of our board continues to ensure our focus on short- and long-term value creation for our unit holders,” said Matt Ouimet, Cedar Fair’s CEO and president.

Olivet, 50, has more than 25 years of experience in retail, merchandising, marketing, finance and other industries. He is the CEO of Renegade Brands and the chief executive chairman of RED Digital Cinema. 

Affeldt is president and CEO of the Dallas-based ClubCorp Inc, while Scott is the president and CEO of Orient-Express Hotels Ltd. They were both appointed to the Cedar Fair board on May 5, 2010.

Bios (source: cedarfair.com)

Eric L. Affeldt, 55, has been president and chief executive officer of ClubCorp Inc. since 2006.  Prior to joining ClubCorp he was a principal of KSL Capital Partners, the private equity firm that purchased ClubCorp in 2006.  Mr. Affeldt also previously served as president and CEO of KSL's former golf division, KSL Fairways, vice president and general manager of Doral Golf Resort and Spa in Miami and the combined PGA West and La Quinta Resort and Club in California and was a founding partner of KSL Recreation.  In addition, he was president of General Aviation Holdings, Inc.  Mr. Affeldt is the Independent Chairman of the Board and is a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, and has served as a Director since 2010.  Mr. Affeldt was appointed as a Director pursuant to the agreement entered into by Cedar Fair with Q Funding III, L.P. and Q4 Funding, L.P. and filed on Form 8-K with the Securities and Exchange Commission on May 5, 2010.

John M. Scott, III,  age 47, is currently the president and chief executive officer of Orient-Express Hotels Ltd.  Prior to this position, he served as president and chief executive officer of Rosewood Hotels & Resorts from 2003 through August 2011.  Prior to joining Rosewood Hotels and Resorts, he was the managing director of acquisitions and asset management for Maritz, Wolff & Co., a private equity real estate fund.  Mr. Scott began his career with Interpacific Group where he held senior hotel management positions and in 1994 joined the Walt Disney Company as manager of business development and strategic planning for both Disney Development Company and Walt Disney Attractions groups.  Mr. Scott serves on the board of Kimpton Hotels and Restaurants, a private company.  Mr. Scott is the Chairman of the Nominating and Corporate Governance Committee and a member of the Compensation Committee of Cedar Fair Management, Inc.  Mr. Scott was appointed as a Director pursuant to the agreement entered into by Cedar Fair with Q Funding III, L.P. and Q4 Funding, L.P. and filed on Form 8-K with the Securities and Exchange Commission on May 5, 2010.