AMC Entertainment Holdings, Inc. has elected Marcus Glover to its board of directors, effective September 12, 2024. He will serve as a Class I director with a term expiring at the company’s 2027 annual meeting of stockholders and will be a member of the audit committee. Glover brings extensive financial, operational, and management experience, having served as the Chief Financial Officer of Bally's Corporation since May 2023.
The addition of Glover brings the total number of directors on AMC's board to 11, including notable individuals such as Adam M. Aron (Chairman of the Board and CEO), Denise "Dee" Clark (Global Information Technology Executive), and Sonia Jain (CFO of Cars.com).
AMC Entertainment Holdings, Inc. is the largest movie exhibition company in the United States, Europe, and the world, with approximately 900 theaters and 10,000 screens globally. The company has been driving innovation in the exhibition industry through various initiatives, including deploying power-recliner seats, enhancing food and beverage options, and launching loyalty and subscription programs.
In 2023, AMC launched AMC Theatres Distribution, which successfully released concert films such as "Taylor Swift | The Eras Tour" and "Renaissance: A Film by Beyoncé." The company expects to release more concert films with leading musical artists in the coming years.
These leadership changes and continued strategic initiatives reflect AMC's dedication to delivering results for its guests, shareholders, and partners as it continues to lead the industry. The market has reacted to these announcements by moving the company's shares 1.2% to a price of $4.96. Check out the company's full 8-K submission here.
