CENTENNIAL, Colo.--(BUSINESS WIRE)--Jul. 23, 2018--
National CineMedia, Inc. (NASDAQ:NCMI) (“NCM, Inc.”), the managing
member and owner of 48.8% of National CineMedia, LLC (“NCM LLC”), the
operator of the largest in-theater digital media network in North
America, announced today that Chairman of the Board Scott N. Schneider
will retire as of July 31, 2018.
Schneider has served as an independent Director of National CineMedia,
Inc. since February 2007 with a majority of that time as Lead Director,
and has served as Chairman of the Board since January 2016. He also
served as a member of the NCM Audit Committee and the Nominating and
Governance Committee.
“For more than a decade, it has been a privilege to serve as a company
Director. Although I will be retiring from NCM to devote more time to
other professional and personal pursuits, I wish the Board, the company,
its management and employees continued success,” Schneider said.
NCM CEO and Director Andy England noted, “I have greatly valued Scott’s
wisdom, financial acumen and even-handed guidance, and always respected
his care and concern for our company, our shareholders, and our
employees. He led the Board during a time of extraordinary success at
NCM, and I thank him for his service and wish him all the best in the
future.”
About National CineMedia (NCM), 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 54 leading national
and regional theater circuits including AMC Entertainment Inc.
(NYSE:AMC), Cinemark Holdings, Inc. (NYSE:CNK) and Regal Entertainment
Group. NCM's cinema advertising network offers broad reach and
unparalleled audience engagement with over 20,800 screens in over 1,650
theaters in 187 Designated Market Areas® (all 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/20180723005339/en/
Source: National CineMedia, Inc.
National CineMedia, Inc.
INVESTOR CONTACT:
Ted
Watson, 800-844-0935
investors@ncm.com
or
MEDIA
CONTACT:
Amy Jane Finnerty, 212-931-8117
amy.finnerty@ncm.com
