Business

Cinemark Taps Groupon’s Melissa Hayes Thomas As CFO – Deadline

Big theater chain Cinemark has named Melissa Hayes Thomas, chief monetary officer of Groupon, its new CFO and government VP efficient Nov. 8.

Current CFO Sean Gamble will step again from that position however proceed as president and chief working officer, the company mentioned Wednesday. He’ll grow to be chief government on Jan. 1, 2022 after present CEO Mark Zoradi retires on the finish of this year.

Thomas, age 41, has been at Groupon in a number of prime positions since 2017.  She was beforehand VP of Finance at Surgical Care Affiliates and has served in a wide range of finance and accounting roles at Orbitz Worldwide, Equity Office Properties and PricewaterhouseCoopers.

Thomas signed a three-year contract, mechanically prolonged for a further one‑year interval.

Gamble helped lead Cinemark by way of a Covid downturn that noticed theaters closed for an extended stretch and at a time when the CFO position has by no means been extra essential. The business is is taken into account more and more much less in danger because the field office picks up with a string of massive releases from Black Widow to Shang-Chi: The Legend of the Ten Rings to Venom: Let There Be Carnage to the newest James Bond No Time To Die. The run has been good for exhibition share costs and seen some Wall Street analysts improve the shares this week.

Cinemark shares closed down 1.41% at $19.52 right now however are up 1.43% in after-hours buying and selling — nicely off their 52-week excessive of $7.56., however off a year excessive of almost $28 final spring.

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