Cedar Fair has named two new members to its board, responding to a request from its biggest investor that it add new directors to the board with no previous ties to the company.
The new directors are Eric Affeldt, president and chief executive officer of ClubCorp. Inc., which owns and operates golf courses and golf resorts, and John Scott, president and chief executive officer of Rosewood Hotels and Resorts. Scott also is a former manager of business development and strategic planning for the Walt Disney Company.
The two were appointed after Cedar Fair reached an agreement with Q Funding III and Q4 Funding, which together own 18 percent of Cedar Fair's outstanding units.