Cinemark

Cinemark

Cinemark CEO Mark Zoradi to Retire at End of Year

Cinemark CEO Mark Zoradi to Retire at End of Year

7/28/2021 11:55:00 PM

Cinemark CEO Mark Zoradi to Retire at End of Year

Cinemark CEO Mark Zoradi is set to retire at the end of the year, with Sean Gamble, CFO & COO, named as Zoradi’s successor from Jan. 1, 2022. Zoradi will remain on the company’s board of …

CEO Mark Zoradi is set to retire at the end of the year, with Sean Gamble, CFO & COO, named as Zoradi’s successor from Jan. 1, 2022.Zoradi will remain on the company’s board of directors until 2024. Until his departure, Gamble has been named president and will serve as CEO and president from the beginning of 2022. Cinemark said Zoradi will work closely with Gamble and the executive leadership team over the course of the next five months to ensure a smooth transition.

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Zoradi became CEO of the cinema chain in 2015 and set about to woo viewers away from alternatives such asNetflixand other digital platforms by installing luxury recliner seating and new dining options in his theaters. But the third-largest theater circuit in the U.S. behind AMC Theatres and Regal has been heavily impacted by the pandemic as Cinemark faced theater closures and reopenings nationwide.

Gamble will succeed Zoradi as the exhibition industry experiences still more major upheavals as the major studios have begun to shift big budget tentpoles to premium video-on-demand, a platform that has come into its own during the COVID-19 crisis with a shattering of the traditional theatrical window. headtopics.com

Read more: Hollywood Reporter »

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Cinemark CEO Mark Zoradi to Retire at End of 2021 Cinemark CEO Mark Zoradi has announced plans to retire at the end of the year. Sean Gamble, who currently serves as the movie theater chain’s CFO and COO, has been named as Zoradi’s suc… whooooo?!!?!?!?!

Cinemark CEO Mark Zoradi to Retire at End of 2021 Cinemark CEO Mark Zoradi has announced plans to retire at the end of the year. Sean Gamble, who currently serves as the movie theater chain’s CFO and COO, has been named as Zoradi’s suc… whooooo?!!?!?!?!

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