Struggling movie theater chain AMC Entertainment said CEO Adam Aron earned $9.67 million in 2019, up slightly from $9.47 million the year before. His package included a $1.25 million base salary, s…
earned $9.67 million in 2019, up slightly from $9.47 million the year before. His package included a $1.25 million base salary, stock awards for $6.48 million and non-equity incentive plan compensation of $1.92 million.
The nationa’s larget chain reported the pay in a proxy statement filed with the SEC Wednesday. It was delayed due to the COVID-19 pandemic, which had forced the company to ask for an extension in the proxy and in reporting its first quarter financial results that are still forthcoming. With the chain shuttered since March and employees furloughed, Aron and other executives have agreed to forgo or cut their pay this year.
Proposals it’s tabling at the meeting include synching the terms of directors so the entire board stands for reelection each year instead of holding staggered votes. AMC said that “allows a majority of the board to remain in place from year to year, which promotes continuity and stability and encourages the board to plan for long-term goals.”
The company also recapped what feele like a very far away 2019 when it said it saw a 2.2% decline in box office and 2.1% decline in attendance domestically and a 3.2% decrease in box office and 2.8% increase in attendance in our much smaller international markets. Total revenues of $5.47 billion were slightly from the prior year, including a 2.9% increase in food and beverage revenue.More than 356 million guests attended movies at AMC theatres, averaging 33,400 per screen.
Theaters in some pockets of the country, but not AMC, have been reopening cautiously as states begin to lift stay-at-home orders. The circuit has said it won’t open its doors until there are new film to show. The first wide releases planned are
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
AMC Entertainment Upgraded From Sell To Neutral By Exhibition Analyst: “Bankruptcy Risk Appears To Have Subsided”Shares of top exhibition circuit AMC Entertainment were upgraded by MKM Partners analyst Eric Handler from “sell” to “neutral” due to its progress in recovering from the dev…
続きを読む »
France to inject almost $9 billion into ailing auto industryFrench President Emmanuel Macron has announced an $8.8 billion aid package for the country's embattled auto industry amid the pandemic. Macron said around 400,000 cars are sitting unsold, with an 80% drop in sales compared to the same time last year.
続きを読む »
AMC Theatres Gets Analyst Upgrade: 'Near-Term Bankruptcy Risk Has Subsided'MKM Partners moves from 'sell' to 'neutral,' saying cinemas in the U.S. and Europe are likely to 're-open with new Hollywood content in the July/August time frame,' but remains 'concerned with AMC's overall debt load.'
続きを読む »
AMC Entertainment Upgraded From Sell To Neutral By Exhibition Analyst: “Bankruptcy Risk Appears To Have Subsided”Shares of top exhibition circuit AMC Entertainment were upgraded by MKM Partners analyst Eric Handler from “sell” to “neutral” due to its progress in recovering from the dev…
続きを読む »
Zachary Quinto Returns for Some Soul-Snatching in New 'NOS4A2' TrailerSecond season of supernatural thriller set to premiere June 21st on AMC
続きを読む »
Naomi Osaka Is the Top-Earning Female Athlete EverNaomi Osaka has made more money in a single year than any other female athlete in history, earning 37.4 million in prize money and endorsements.\n
続きを読む »