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Get filing alertsSix Flags COO Tim Fisher to depart December 2026, forfeits equity and bonus
Filed July 1, 2026 · Period ending June 25, 2026 · ~1 min read
Key Changes
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high
COO Tim Fisher's employment agreement amended to expire December 15, 2026, signaling planned departure of senior operating executive within six months.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Fisher forfeits 2026 annual equity grant and retention bonus in exchange for extended benefits through departure date.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
Six Flags Entertainment has set a December 15, 2026 end date for COO Tim Fisher's employment, formalizing his departure within six months. The amendment extends certain benefits to retain Fisher through year-end but eliminates his 2026 equity grant and retention bonus—a trade-off suggesting mutual agreement on a transition timeline rather than an abrupt exit. For retail holders, the departure of a chief operating officer raises succession questions at a company managing theme park operations across multiple properties.
The filing provides no detail on Fisher's reasons for leaving, replacement plans, or interim operating leadership. Watch for announcements of a successor COO or restructuring of operating responsibilities, particularly as the company heads into its peak summer season and prepares for 2027 planning cycles.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On June 25, 2026, Six Flags Entertainment Corporation (the “Company”) entered into an amendment (the “Amendment”) of its employment agreement with Tim Fisher, the Company’s Chief Operating Officer, as amended (the “Employment Agreement”). Among other things, the Amendment provides that the term of Mr. Fisher’s Employment Agreement will expire on December 15, 2026, and in order to retain Mr. Fisher through such date, provides that certain benefits to which he is entitled will be extended through that date. Mr. Fisher agreed that he will not be entitled to a 2026 annual equity grant or retention bonus payment under his Employment Agreement.
The Company amended COO Tim Fisher's employment agreement to set a definitive end date of December 15, 2026. To retain him through that date, the Company extended certain benefits, but Mr. Fisher forfeited his 2026 annual equity grant and retention bonus. This signals a planned departure of a senior operating executive within six months.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 2, 2026 · How we verify