Cedar Fair extends employment agreement of Matthew Ouimet
CEO gets a contract extension and a raise from company.
Tuesday, 22 October 2013
Cedar Fair said in a regulatory filing that it has amended its employment agreement with president and CEO Matthew A. Ouimet to keep him on the job through at least 2016, and at a higher base salary.
In the filing, made Monday, Oct. 21, Cedar Fair said it has extended the term of Mr. Ouimet's employment to Dec. 31, 2016, and has increased his base salary from $850,000 to $900,000 through June 2015. The increase in base salary is retroactive to July 1, 2013.
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