Jim Reid-Anderson
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James Reid-Anderson (born 12 April 1959) is a British businessman who was formerly the
president President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...
,
chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...
, and
chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
(CEO) of Six Flags Entertainment Corporation. Before working for Six Flags, Anderson was previously a healthcare adviser to both
Apollo Apollo is one of the Twelve Olympians, Olympian deities in Ancient Greek religion, ancient Greek and Ancient Roman religion, Roman religion and Greek mythology, Greek and Roman mythology. Apollo has been recognized as a god of archery, mu ...
and the managing board of
Siemens AG Siemens AG ( ) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the posit ...
. Under Reid-Anderson, Dade Behring was acquired by Siemens. He succeeded interim CEO Al Weber Jr. in August 2010, who led the corporate restructuring of the company following its
Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, w ...
and the ousting of former executives Mark Shapiro and Daniel Snyder. He held the position until February 2016, before his former position was reinstated in 2017 following the sudden departure of his successor, John Duffey. Anderson is responsible for having led Six Flags Theme Parks through an eight-fold increase in market value over a five-year period. Under his first period of leadership, the company set a new strategic direction, achieved all-time high guest and employee satisfaction ratings and significant operational improvements, and drove a ten times return on investment for shareholders. During his second tenure as Chairman, President, and CEO, Six Flags re-acquired many of its former properties that had been sold off to other companies, including Six Flags Darien Lake, Frontier City, and Six Flags Hurricane Harbor SplashTown, among others.


Personal life

Jim Reid-Anderson was born in
Baghdad Baghdad ( or ; , ) is the capital and List of largest cities of Iraq, largest city of Iraq, located along the Tigris in the central part of the country. With a population exceeding 7 million, it ranks among the List of largest cities in the A ...
in 1959 but left to
Beirut Beirut ( ; ) is the Capital city, capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, just under half of Lebanon's population, which makes it the List of largest cities in the Levant region by populatio ...
soon after due to the
14 July Revolution The 14 July Revolution, also known as the 1958 Iraqi military coup, was a ''coup d'état'' that took place on 14 July 1958 in Iraq, resulting in the toppling of King Faisal II and the overthrow of the Hashemite-led Kingdom of Iraq. The Ira ...
. He grew up in Lebanon, Guyana, and later London, where he was educated at Salesian College, Battersea. He obtained an Honors Degree in Commerce from the
University of Birmingham The University of Birmingham (informally Birmingham University) is a Public university, public research university in Birmingham, England. It received its royal charter in 1900 as a successor to Queen's College, Birmingham (founded in 1825 as ...
in England and is a Fellow of the UK
Association of Chartered Certified Accountants The Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (CCA). Founded in 1904, It is now the fourth-largest professional accounting body ...
. He is married with four children.


Career


Early career

His early career involved stints at
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, Tricentrol, Grand Met/
Diageo Diageo plc ( ) is a British Multinational corporation, multinational alcoholic beverage company, with its headquarters in London, England. It is a major distributor of Scotch whisky and other spirits and operates from 132 sites around the world ...
,
PepsiCo PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the f ...
and
Wilson Sporting Goods The Wilson Sporting Goods Company is an American sports equipment manufacturer based in Chicago, Illinois. Wilson makes equipment for many sports, among them baseball, badminton, American football, basketball, fastpitch softball, golf, racquetball ...
, living in various parts of the world including
Cyprus Cyprus (), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the List of isl ...
,
Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
and the US.


Dade Behring/Siemens

In 1996, Reid-Anderson joined Dade Behring Holdings Inc., a company which manufactured testing equipment and supplies for the medical diagnostics industry, as executive vice-president and chief financial officer (CFO) and later became chief administrative officer and CFO in September 1997. In April 1999, he was promoted to the role of president and chief operating officer and then CEO in September 2000. He was elected as the chairman of the board in October 2002. In 2005, Reid-Anderson was a finalist in the ''Smart Business Chicago'' Entrepreneur of the Year awards and was later named in the British ''Sunday Times'' as the 22nd most influential Briton in the US In 2007, Dade Behring was acquired by the German conglomerate Siemens AG. In November 2007, Reid-Anderson became the CEO of Siemens Healthcare Diagnostics and in May 2008, became a member of Siemens AG's managing board and CEO of Siemens Healthcare Sector. In 2009 he became a director of Stericycle Inc, an Illinois-based waste management company.


Six Flags

On 12 August 2010, Jim Reid-Anderson was named chairman, president and chief executive officer (CEO) of Six Flags Entertainment Corporation. The success of Dade Behring led investors to appoint him to this role, and their belief in him was rewarded as the company saw six record years in a row from a financial, guest and employee satisfaction perspective. Reid-Anderson was succeeded by John M. Duffey as chairman, president, and CEO in 2016, but moved into the role of executive chairman on 19 February 2016, allowing others in the organisation to move up into senior roles. He continued to have a role in key strategic matters at the company, including governance, M&A, and international and organizational development. On 18 July 2017, Six Flags Entertainment Corporation announced that its board of directors had appointed Jim Reid-Anderson, who had been serving as executive chairman of the company since February 2016, to re-assume his position as the company's chairman, president and CEO, effective immediately. Reid-Anderson succeeded John M. Duffey, who had suddenly resigned from the company for unknown personal reasons. Reid-Anderson had formerly served as chairman, president and CEO of Six Flags from August 2010 through February 2016. On 24 October 2019, Six Flags announced that on 18 November 2019, Reid-Anderson would resign and be replaced with Michael Spanos, a Chief Executive Officer of a division of
PepsiCo PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the f ...
, effective immediately.


References

{{DEFAULTSORT:Reid-Anderson, Jim Siemens British chairpersons of corporations Alumni of the University of Birmingham British expatriates in the United States Living people 1959 births Six Flags American chief financial officers American chief executives of manufacturing companies Six Flags people