Lin Zhang Rejoins AMC Entertainment Holdings, Inc. Board of Directors as Non-Executive Chairman
December 03 2019 - 4:53PM
Business Wire
The Board of Directors of AMC Entertainment Holdings, Inc.
(NYSE: AMC) (“AMC” or “the Company”) the largest theatrical
exhibition company in the world, announced today the appointment of
Lin (Lincoln) Zhang as a director of the Company. The AMC Board of
Directors has also unanimously elected Mr. Zhang to serve as the
new non-executive Chairman of the AMC Entertainment Board of
Directors, effective immediately. Mr. Zhang previously was a member
of the AMC Board and held the position of AMC’s non-executive
Chairman of the Board from August 2012 to March 2018.
Mr. Zhang is one of the most senior executives and a Board
director of the Wanda Group, which has been the majority
shareholder of AMC since 2012. He recently has been given
responsibility for overseeing all of Wanda’s international
investments, hence his rejoining the AMC Board.
He succeeds as Board Chairman, Zeng Maojun (John Zeng),
President of Wanda Cinemas, who will continue to serve as an AMC
board member.
Adam Aron, CEO and President of AMC Entertainment commented, “We
are thrilled to welcome Lincoln Zhang back to AMC’s board of
directors as our non-executive Chairman. Lincoln is a terrific
colleague and is highly knowledgeable about our industry and
company. We again will expect to benefit from his nearly 20 years
of experience and always wise counsel, as we seek to further
develop the AMC platform to drive greater value for both our guests
and our shareholders.”
On his re-appointment to the board and role as non-executive
Chairman of the Board, Lincoln Zhang commented, “AMC has become the
clear global leader in theatrical exhibition, and I look forward to
working again with Adam Aron and my fellow board members, to
achieve the targets we have established for AMC’s continued
success.”
Mr. Zhang received a bachelor’s degree in accounting from
Dongbei University of Finance and Economics and an executive
master’s in business administration from Peking University. Mr.
Zhang is a non-practicing member of the Chinese Institute of
Certified Public Accountants and the China Certified Tax Agents
Association.
The full AMC Entertainment Holdings, Inc. Board of Directors now
includes:
Adam M. Aron – CEO and President of AMC Theatres
Lloyd Hill – Former CEO of Applebee’s International
Howard W. 'Hawk' Koch, Jr. – Movie producer, principal at The
Koch Company, former president of the Academy of Motion Picture
Arts and Sciences
Phillip Lader - Senior Advisor to Morgan Stanley Institutional
Securities; formerly the U.S. Ambassador to the Court of St.
James’s, Chairman of WPP plc, Administrator of the U.S. Small
Business Administration, White House Deputy Chief of Staff,
Assistant to the President and Deputy Director of the U.S. Office
of Management & Budget
Gary F. Locke – Trade consultant and owner of Locke Global
Strategies, former Governor of Washington, U.S. Secretary of
Commerce, and U.S. Ambassador to the People’s Republic of China
Kathleen M. Pawlus – Retired partner of Ernst and Young, LLP
Anthony J. Saich – Director of the Ash Center for Democratic
Governance and Innovation as well as Daewoo Professor of
International Affairs at Harvard University’s Kennedy School of
Government
Adam J. Sussman – GM of Direct Digital and Geographies at Nike,
Inc.
Lee E. Wittlinger – Managing Director of Silver Lake
Mao Jun (John) Zeng – President of Wanda Cinemas
Lin (Lincoln) Zhang - President of Wanda Culture Group
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the United
States, the largest in Europe and the largest throughout the world
with more than 1,000 theatres and more than 11,000 screens across
the globe. AMC has propelled innovation in the exhibition industry
by: deploying its Signature power-recliner seats; delivering
enhanced food and beverage choices; generating greater guest
engagement through its loyalty and subscription programs, web site
and mobile apps; offering premium large format experiences and
playing a wide variety of content including the latest Hollywood
releases and independent programming. AMC operates among the most
productive theatres in the United States' top markets, having the
#1 or #2 market share positions in 21 of the 25 largest
metropolitan areas of the United States. AMC is also #1 or #2 in
market share in 12 of the 15 countries it serves in North America,
Europe and the Middle East. For more information, visit
www.amctheatres.com.
Website Information
This press release, along with other news about AMC, is
available at www.amctheatres.com. We routinely post information
that may be important to investors in the Investor Relations
section of our website, www.investor.amctheatres.com. We use this
website as a means of disclosing material, non-public information
and for complying with our disclosure obligations under Regulation
FD, and we encourage investors to consult that section of our
website regularly for important information about AMC. The
information contained on, or that may be accessed through, our
website is not incorporated by reference into, and is not a part
of, this document. Investors interested in automatically receiving
news and information when posted to our website can also visit
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INVESTOR RELATIONS: John Merriwether, 866-248-3872
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