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Top related persons:
Mooky Greidinger - 2 Greidinger - 2 Israel Greidinger - 2 Nisan Cohen - 2 Cineworld - 1 Renana Teperberg - 1 Radhika Anilkumar - 1 Savio D'Souza - 1
Top related locs:
British Bengaluru
Top related orgs:
Financial Times - 2 Morning - 1 Regal - 1 Canada's Cineplex - 1 Eastgate - 1 Cineworld - 1 AMC Entertainment - 1 Thomson - 1

Search resuls for: "Renana Teperberg"


2 mentions found


☆ 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
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