Peter J. Crage to Resign as Cedar Fair's Chief Financial Officer

Cedar Fair Entertainment Company FUN today announced that Peter J. Crage has submitted his letter of resignation as the Company's chief financial officer, effective June 22, 2011. Crage, 49, who has served in this position since 2005, is leaving the Company to pursue a new professional opportunity. David R. Hoffman, 42, vice president of finance and corporate tax, and Brian C. Witherow, 44, vice president and corporate controller, will lead the finance function in the interim while the Company conducts a search for Crage's successor. "On behalf of the Board and the entire organization, I want to sincerely thank Peter for his tireless efforts and loyal service to Cedar Fair over the years," said Dick Kinzel, president and chief executive officer. "Peter is a consummate professional and an even better person. His insight and candor will be missed. We wish him nothing but the very best as he moves on to this new opportunity. "We built significant operational and financial momentum during the past year and fully expect to maintain this strong performance trajectory in 2011 and beyond," he said. "Given the strength of our financial team, we expect this transition to be seamless."