Matt Ouimet Explained

Matt Ouimet
Birth Name:Matthew Anthony Ouimet
Nationality:American
Education:BA
Alma Mater:Binghamton University
Executive Chairman
Employer:Cedar Fair Entertainment Company

Matt Ouimet is executive chairman of Cedar Fair Entertainment Company, a publicly traded company that owns 12 amusement parks in the United States and Canada.

Early life

Born in 1958 in Cooperstown, New York and raised in Unadilla NY, his first job was working at a grave yard in Unadilla.[1] He graduated from Unatego High School in 1976[2] and went off to earn a Bachelor of Science degree in accounting from Binghamton University.[3]

Career highlights

He started work in 1980 at Price Waterhouse and became a certified public accountant. In 1989, he left for Disney.[3]

Ouimet spent 17 years with The Walt Disney Company,[3] including stints at Walt Disney Imagineering, Disney's Wide World of Sports, and Vacation Club, president of Disney Cruise Line and president of the Disneyland Resort.[4] Also at Disney Development Co., he served as chief financial officer.[3] He was senior vice president of finance and business development for Walt Disney World until August 1998 when he was transferred to Disney Cruise Line as its senior operating officer. With the August 31, 1999 resignation of Arthur Rodney as cruise line president, Matt Ouimet was named as his replacement in July.[5] In 2003, he was appointed president of Disneyland Resort. There Ouimet prepared for its 50th-anniversary and managed its restoration.[4] He was succeeded as president of the Disneyland Resort by Ed Grier in an announcement made July 25, 2006.[6]

After leaving The Walt Disney Company, Ouimet joined Starwood as president, Hotel Group in 2006. He oversaw global operations for more than 850 hotels in 95 countries.[3] In September 2008, he was replaced by Matthew Avril and departed the company.[7]

In December 2008, Ouimet became the president and chief operating officer of Corinthian Colleges, Inc. He announced on October 11, 2010, that he would be leaving Corinthian for personal reasons.[8]

Matt Ouimet was a director of Collective Brands, Inc., where he served on the audit and finance committee.[9]

In June 2011, Ouimet was named president of Cedar Fair Entertainment Company.[3] He assumed the CEO position on January 3, 2012.[10]

On October 4, 2017, it was announced by Cedar Fair that Ouimet would be stepping down, having Richard A. Zimmerman succeed him. However, it was also announced that Ouimet would take the newly created role of Executive Chairman.[11]

Personal life

As of 2013, Ouimet lives in Avon Lake, Ohio. He is married and has two grown children.[3]

Notes and References

  1. https://ir.cedarfair.com/corporate-governance/default.aspx#executive his bibliography on the Corporate Governance page talks about his job in Unadilla
  2. He was inducted in the Unatego Hall of Distinction and featured in their 2019 Alumni Newsletter found here, https://www.unatego.org/Downloads/newsletter%20may%202019%20FINAL.pdf and also covered here,https://tritownnewscom.files.wordpress.com/2017/02/2-2-17-ttn.pdf
  3. News: Pledger. Marcia. Cedar Fair's new CEO Matt Ouimet believes inspiring guests and employees is good for the bottom line. February 24, 2014. The Plain Dealer. February 23, 2013.
  4. News: Gardetta . Dave . Disnoidland . November 28, 2017. Los Angeles Magazine. November 1, 2005.
  5. News: New Disney Cruise Line President. May 4, 2016. Cruise Industry News. July 16, 1999.
  6. News: New Disneyland Resort chief named - Orange County Register. July 23, 2011. Orange County Register . John . Gittelsohn . dead . https://web.archive.org/web/20110723012106/http://articles.ocregister.com/2006-07-25/business/24764404_1_ed-grier-matt-ouimet-starwood-hotels. July 23, 2011.
  7. https://www.forbes.com/feeds/ap/2008/09/02/ap5378657.html Starwood Hotels names Avril head of hotel unit
  8. News: Lauerman. John. Corinthian Says Ouimet Resigns; No Plan to Fill Job - Bloomberg Business. Bloomberg. May 25, 2015. bot: unknown. https://web.archive.org/web/20150525184548/https://www.bloomberg.com/news/articles/2010-10-12/corinthian-colleges-president-operating-chief-ouimet-resigns-shares-fall. May 25, 2015.
  9. Web site: Matthew A. Ouimet Elected to Collective Brands, Inc. Board of Directors . June 30, 2008 . . https://web.archive.org/web/20101222153810/http://www.collectivebrands.com/news-and-press/2008/06/matthew-ouimet-elected-collective-brands-inc-board-directors . December 22, 2010 .
  10. Bloomberg . Matthew A. Ouimet: Executive Profile & Biography . www.bloomberg.com . en.
  11. Cedar Fair. Oct 4, 2017. Cedar Fair Announces Planned Leadership Succession. www.prnewswire.com. en.