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Top related persons:
Mooky Greidinger - 3 Greidinger - 3 Israel Greidinger - 3 Cineworld - 2 Nisan Cohen - 2 Eduardo Acuna - 1 Acuna - 1 Eric Foss - 1
Top related locs:
British Bengaluru London Britain U.S
Top related orgs:
Financial Times - 3 Cineworld - 2 Thomson - 2 U.S - 1 Pepsi - 1 Cinema City - 1 Regal Entertainment - 1 McKinsey - 1

Search resuls for: "Israel Greidinger"


4 mentions found


☆ Cinepolis exec Eduardo Acuna to become Cineworld CEO
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +2 min
July 13 (Reuters) - Cineworld Group (CINE.L) said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will become its CEO when the company emerges from bankruptcy proceedings, expected this month. The group, which filed for U.S. bankruptcy protection in September, said lenders had agreed to appoint Acuna as CEO of the newly formed parent company after its restructuring plan becomes effective. Cineworld had faced discontent from shareholders over executive pay in 2021, including bonuses to the CEO and his brother and deputy chief Israel Greidinger. Acuna, who has been with Cinepolis since 2005, previously held roles at McKinsey and Co and Goldman Sachs. Cineworld added that it "understands that a selection process for the remaining members of the new company's board is ongoing".
Persons: Eduardo Acuna, Acuna, Eric Foss, Mooky Greidinger, Greidinger, Cineworld, Israel Greidinger, Goldman Sachs, Eva Mathews, Yadarisa, Shinjini Organizations: Cineworld, U.S, Pepsi, Cinema City, Regal Entertainment, Financial Times, McKinsey, Thomson Locations: London, Britain, U.S, British, Bengaluru
☆ The bosses of the Regal Cinemas owner are set to depart with $35 million after Cineworld emerges from Chapter 11
  + stars: | 2023-06-17 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +3 min
The bosses of Cineworld, which owns Regal, will collect $35 million, the Financial Times reported. A source told Insider the payout is intended to help smooth CEO Mooky Greidinger's departure. UK-based Cineworld bought Regal, the second-biggest US movie theater chain, for $3.6 billion in 2017. Another source told the Financial Times the expected departure of the Greidingers was still a form of "comeuppance" despite the payout. A search is being conducted to identify a new CEO, the source told Insider.
Persons: Cineworld, Mooky Greidinger, Greidinger, Israel Greidinger, Nisan Cohen, Renana Teperberg Organizations: Financial Times, Morning, Regal, Canada's Cineplex, Eastgate, Cineworld
☆ Cineworld CEO and top execs secure near $35 million exit payout, Financial Times reports
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +1 min
June 16 (Reuters) - Cineworld's (CINE.L) CEO Mooky Greidinger and his top management team will be paid up to $35 million combined to leave the British cinema operator after it emerges from Chapter 11 proceedings next month, the Financial Times reported on Friday. The lenders have committed to pay Greidinger, his brother and deputy CEO, Israel Greidinger, Chief Financial Officer Nisan Cohen and Chief Commercial Officer Renana Teperberg between $30 million and $35 million in cash within a year of their exit, the FT added, citing people familiar with the matter. Cineworld declined to comment on the FT report. The company had filed for bankruptcy protection in September hoping to restructure its massive debt. Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
Persons: Mooky Greidinger, Greidinger, Israel Greidinger, Nisan Cohen, Radhika Anilkumar, Savio D'Souza Organizations: Financial Times, AMC Entertainment, Thomson Locations: British, Bengaluru
☆ Cineworld creditors plan management shuffle amid takeover interest - Bloomberg News
  + stars: | 2023-03-27 | by ( ) www.reuters.com   time to read: +1 min
March 27 (Reuters) - Creditors of British cinema operator Cineworld Group PLC (CINE.L) are outlining plans for a new board and executive team after nine years under CEO Mooky Greidinger and his deputy Israel Greidinger, Bloomberg News reported on Monday. The Greidinger brothers are set to be replaced, but creditors have considered providing them compensation and a transitional role during the handover period, the report added, citing people familiar with the matter. Earlier in the day, Sky News reported that private equity firm CVC Capital Partners had proposed a takeover of parts of Cineworld, within days of a similar offer from activist investor Elliott Management. Cineworld said in February it may emerge from Chapter 11 bankruptcy protection in the first half of this year. ($1 = 0.8148 pounds)Reporting by Rishabh Jaiswal and Sinchita Mitra in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
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