NEW YORK, June 9, 2021 /PRNewswire/ -- IMAX
Corporation (NYSE: IMAX) today announced that its Board of
Directors has elected longstanding Board Member Darren Throop —
founder, CEO and President of Entertainment One (eOne) — as
Chairman. At its Annual and Special Meeting of Shareholders today,
IMAX shareholders also elected Steve
Pamon, former President and Chief Operating Officer of
Beyoncé's Parkwood Entertainment, to join the Board.
Both appointments are effective immediately.
"Darren has been a strong, influential leader on the IMAX Board,
expanding on his brilliant career in building eOne into a global
content force from the ground up," said Rich Gelfond, Chief Executive Officer of IMAX.
"Darren's expertise in maximizing the value of global brands,
scaling businesses, and navigating the evolving content landscape
will continue to be instrumental to our growth strategy."
"Steve is a seasoned and versatile business leader with a track
record of entrepreneurship and innovation in entertainment
throughout his successful career," continued Gelfond. "Steve's
expertise at the intersection of entertainment, technology, and
cutting-edge consumer experiences will be important to IMAX as we
seek to grow and create new opportunities for our global
brand."
"I'm so pleased to take on this role and continue working
alongside Rich, the IMAX leadership team and my fellow Board
members to drive the business forward, especially as we enter a new
era of the moviegoing experience," said Throop. "IMAX's commitment to innovative
technology is unmatched, and I'm excited to help steer their growth
strategy as they continue to bring awe-inspiring, immersive
experiences to audiences around the world."
"From my teenage years working at the Omnimax Theatre in
Chicago's Museum of Science and
Industry, I have dreamed of playing a role in the transformative
experience of an IMAX presentation," said Pamon. "Joining the Board
of Directors of IMAX is more than an appointment; it is a dream
come true."
An IMAX Director since June 2015,
Throop founded eOne — a leading
international entertainment company specializing in the
acquisition, production and distribution of film and TV content —
and has served as its President and CEO since 2003. Throop will continue to serve as a member of
IMAX's Compensation Committee. Most recently Throop engineered the $3.8 billion sale of eOne to Hasbro in 2019.
eOne's diverse global content portfolio includes films such as
Sam Mendes' 2019 drama "1917," which
played in the IMAX global network; family franchises "Peppa Pig,"
"PJ Masks," and "Power Rangers;" and artists including The
Lumineers and Brandy. Prior to founding eOne, Throop served as CEO of music distributor
Records on Wheels and earlier was the owner of Urban Sound
Exchange.
Pamon most recently served as the President and Chief Operating
Officer of Beyoncé's management and production company, Parkwood
Entertainment, where he was the architect of the wildly successful
'On the Run' tour and was awarded both a Grammy Award for
"Homecoming" and a Peabody Award for the visual album "Lemonade" as
Executive Producer. Prior to Parkwood Entertainment, Steve held
executive positions at JPMorgan Chase & Co., the NFL and HBO,
and has been widely recognized for his success managing
high-performance brands across film, music, event production and
more.
Pamon also sits on the board of World Wresting Entertainment
("WWE"), the board of New York Road Runners – a non-profit
organization that produces more than 100 sports events each year
including the famed New York City Marathon – and is a founding
advisory board member for the "Launch with GS" fund, Goldman Sachs'
$500 million dollar investment fund
that aims to increase access to capital and connections for diverse
entrepreneurs.
About IMAX Corporation
IMAX, an innovator in entertainment technology, combines
proprietary software, architecture and equipment to
create experiences that take you beyond the edge of your seat to a
world you've never imagined. Top filmmakers and studios are
utilizing IMAX theaters to connect with audiences in
extraordinary ways, and, as such, IMAX's network is among
the most important and successful theatrical distribution platforms
for major event films around the globe.
IMAX is headquartered in New
York, Toronto, and Los
Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of March 31,
2021, there
were 1,652 IMAX theater systems
(1,567 commercial multiplexes, 12 commercial
destinations, 73 institutional) operating in
84 countries and territories. Shares of IMAX
China Holding, Inc., a subsidiary of IMAX Corporation,
trade on the Hong Kong Stock Exchange under the stock code
"HK.1970."
IMAX®, IMAX® Dome, IMAX® 3D, IMAX® 3D Dome, Experience It In
IMAX®, The IMAX Experience®, An IMAX Experience®, An IMAX 3D
Experience®, IMAX DMR®, DMR®, IMAX nXos® and Films to the Fullest®,
are trademarks and trade names of the Company or its subsidiaries
that are registered or otherwise protected under laws of various
jurisdictions. More information about the Company can be found at
www.imax.com. You may also connect with IMAX on Instagram
(https://www.instagram.com/imax), Facebook (www.facebook.com/imax),
Twitter (www.twitter.com/imax) and YouTube
(www.youtube.com/imaxmovies).
For additional information please contact:
Media:
Mark Jafar
212-821-0102
mjafar@imax.com
|
Investors:
Brett
Harriss
212-821-0187
bharriss@imax.com
|
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SOURCE IMAX Corporation