CENTENNIAL, Colo.--(BUSINESS WIRE)--Jan. 28, 2019--
National CineMedia, Inc. (NASDAQ: NCMI) (“the Company” or “NCM”), the
managing member and owner of 48.8% of National CineMedia, LLC (“NCM
LLC”), the connector between brands and movie audiences, announced that
Kurt C. Hall has been appointed to the Board of Directors of National
CineMedia, Inc. as Standard General L.P.’s second director nominee,
pursuant to the letter agreement entered into on June 1, 2018.
The Board agreed to accelerate Standard General's second nominee and
unanimously elected Hall to the Board on January 23, 2019.
Hall had served as NCM’s President, Chief Executive Officer and Chairman
of the Board until January 2016, when he retired to pursue other
interests including spending more time with his wife and daughter. He
continued to work with NCM as a consultant from January 2016 until
January 2018.
Thomas F. Lesinski, Chairman of the NCM Board of Directors, said, “Kurt
was instrumental in building this business from the ground up, taking
NCM from a media start-up to a mature public company. He brings an
unmatched level of experience, insight, historical perspective, and
industry relationships to the table, and I am pleased to welcome him
back to the NCM Board.”
Hall was appointed President, Chief Executive Officer and Chairman of
National CineMedia, LLC in May 2005, and, following the company’s IPO in
2007, assumed the same positions with National CineMedia Inc. Prior to
this, from May 2002 to May 2005, Hall served as Co-Chairman and Co-Chief
Executive Officer of Regal Entertainment Group and President and Chief
Executive Officer of its media subsidiary and NCM predecessor, Regal
CineMedia Corporation.
Previously, Hall had served as President and Chief Executive Officer of
United Artists Theatre Company from March 1998 to August 2002, and as a
Director from May 1992 to August 2002. Prior to this, Hall served as
Chief Operating Officer of United Artists Theatre Company from February
1997 to March 1998, and as Executive Vice President and Chief Financial
Officer from May 1992 to March 1998. Hall had also served as Vice
President and Treasurer and in various other financial and accounting
positions within United Artists’ predecessor companies since January of
1988.
About National CineMedia, Inc.
National CineMedia (NCM) is America’s Movie Network. As the #1
Millennial weekend network in the U.S., NCM is the connector between
brands and movie audiences. According to Nielsen, more than 700 million
moviegoers annually attend theaters that are currently under contract to
present NCM’s Noovie pre-show in 56 leading national
and regional theater circuits including AMC Entertainment Inc. (NYSE:
AMC), Cinemark Holdings, Inc. (NYSE: CNK) and Regal Entertainment Group
(a subsidiary of Cineworld Group PLC. LON: CINE). NCM’s cinema
advertising network offers broad reach and unparalleled audience
engagement with over 21,100 screens in over 1,700 theaters in 188
Designated Market Areas® (49 of the top 50). NCM Digital goes beyond the
big screen, extending in-theater campaigns into online and mobile
marketing programs to reach entertainment audiences. National CineMedia,
Inc. (NASDAQ: NCMI) owns a 48.8% interest in, and is the managing member
of, National CineMedia, LLC. For more information, visit www.ncm.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190128005145/en/
Source: National CineMedia, Inc.
National CineMedia, Inc.
INVESTORS:
Ted Watson
800-844-0935
investors@ncm.com
or
MEDIA:
Amy
Jane Finnerty
212-931-8117
amy.finnerty@ncm.com
