Ballantyne Names Chris Stark as SVP & COO
October 05 2009 - 9:53AM
Business Wire
Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital
cinema projection equipment and services, cinema screens and other
cinema products announced today the promotion of Chris D. Stark,
47, to the role of Senior Vice President and Chief Operating
Officer of Ballantyne. Mr. Stark previously served as the Company’s
Vice President of Operations, having joined Ballantyne in April
2007.
John P. Wilmers, President and CEO of Ballantyne, commented,
“Chris’ promotion to the role of COO acknowledges the important
contributions he has made at Ballantyne in his little over two
years here, as well as management’s and the Board’s confidence in
his ongoing leadership. Ballantyne faces an exciting future as the
cinema industry braces for the accelerated transition to digital
projection technologies, including 3-D, over the next few years. We
are confident Chris will play an integral role in guiding
Ballantyne as we further position our organization, operations and
staff to fully address the potential growth opportunities that
digital technologies present.”
At Ballantyne, Mr. Stark has worked across its business units to
implement a wide range of operational, strategic and administrative
improvements. He played an instrumental role in the acquisition of
the MDI cinema screen operation and the subsequent implementation
of capacity and efficiency enhancements at the plant, as well as
securing a significant supply agreement with a major customer. In
addition, Mr. Stark has also initiated a range of operational
improvements at the company’s cinema service business, which have
reduced costs and improved employee utilization. He has also played
a leadership role in securing several cinema service
agreements.
Prior to joining Ballantyne, Mr. Stark served as General Manager
of the specialty retailer Nobbies, Inc. where he expanded the
company three-fold over a seven year period, developing a business
plan and strategies while integrating core processes and controls
to drive ongoing business growth. Previously Mr. Stark served as
Vice President of Client Support Services at First Data Resources
where he held other senior management positions supporting credit
card operations and business acquisitions over a twelve-year tenure
at the firm.
Mr. Stark is an Omaha native, married with two sons and is a
graduate of the University of Nebraska with a Bachelor of Science
degree.
About Ballantyne Strong, Inc.
Ballantyne Strong is a provider of digital cinema projection
equipment and services as well as cinema screens, motion picture
projectors and specialty lighting equipment and services. The
Company supplies major and independent theater chains, top arenas,
theme parks and architectural sites around the world. For more
information visit www.ballantyne-strong.com.
Except for the historical information in this press release, it
includes forward-looking statements that involve risks and
uncertainties, including but not limited to, quarterly fluctuations
in results; customer demand for the Company’s products; the
development of new technology for alternate means of motion picture
presentation; domestic and international economic conditions; the
management of growth; and other risks detailed from time to time in
the Company’s Securities and Exchange Commission filings. Actual
results may differ materially from management’s expectations.
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