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Six Flags names recreation industry veteran new CEO, shares rise

** Shares of amusement park operator Six Flags FUN.N rise nearly 2% to $13.7 premarket

     ** Names John Reilly as CEO, effective December 8, as a successor to Richard Zimmerman, who in August announced his decision to step down

** Reilly, who has 30 years of experience in the amusement and recreation industry, currently serves as CEO of Palace Entertainment U.S. and Group Chief Operating Officer at Parques Reunidos

** Zimmerman oversaw the $8 billion Six Flags-Cedar Fair merger in 2023

     ** As of last close, shares down 72.1% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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