Six Flags reaches cooperation deal with longtime investor H Partners, adds founder to board

Filed May 20, 2026 · Period ending May 19, 2026 · ~1 min read

Key Changes

• high

  H Partners founder Rehan Jaffer joins board after May 26 annual meeting, replacing Arik Ruchim. H Partners has been a significant investor for over 15 years and maintains board representation through this transition.

  Item 5.02: Director Appointment verify on EDGAR →
• medium

  H Partners agrees to vote its shares with board recommendations on director elections and most proposals, but retains full discretion on major transactions like mergers and can follow ISS/Glass Lewis guidance on other matters.

  Item 1.01: Cooperation Agreement verify on EDGAR →
• medium

  Jaffer's board seat is contingent on H Partners maintaining at least 3% ownership. If the stake drops below this threshold, Jaffer automatically resigns from the board and all committees.

  Item 1.01: Resignation Trigger verify on EDGAR →