Adam Aron

AMC Entertainment Holdings, Inc. Appoints Adam Aron as Chairman of the Board & CEO and Philip Lader as Lead Director

Retrieved on: 
Wednesday, July 21, 2021
Entertainment, General Entertainment, Film & Motion Pictures, Theatre, Events, Concerts, Licensing (Entertainment), Philip Lader, American Motors Corporation, Federal government of the United States, Automotive industry, Motor vehicles, Adam Aron

As Aron will serve both as Chairman and CEO of AMC, the Board has selected Ambassador Philip Lader to serve as its Lead Director.

Key Points: 
  • As Aron will serve both as Chairman and CEO of AMC, the Board has selected Ambassador Philip Lader to serve as its Lead Director.
  • Aron has served AMC as CEO and President and as a member of the Board of Directors since January of 2016.
  • Ambassador Philip Lader, now Lead Director of AMC, joined its Board as an independent director in July of 2019.
  • The new appointments for Aron and Lader follow the expected resignations from the AMC Board of Lin Zhang and Mao Jun (John) Zeng.

AMC Entertainment Holdings, Inc. Announces Shareholder Count

Retrieved on: 
Wednesday, June 9, 2021
Film & Motion Pictures, Entertainment, AMC Theatres, AMC Networks, American Motors Corporation, Adam Aron, AMC, Television in the United States, Television, Automotive industry

Fulfilling a commitment to release share count data, AMC Entertainment Holdings, Inc. (NYSE: AMC) (AMC or the Company) is today providing the following information:

Key Points: 
  • Fulfilling a commitment to release share count data, AMC Entertainment Holdings, Inc. (NYSE: AMC) (AMC or the Company) is today providing the following information:
    As previously disclosed, there were 501,780,240 shares outstanding as of June 2, 2021, the record date for the Shareholder Meeting scheduled for July 29, 2021.
  • Commenting about the share count, AMC President and CEO Adam Aron said, The number of investors who want to own a part of AMC continues to increase and now stands at approximately 4.1 million.
  • Some hold more and some hold less, however, each and every shareholder is important to AMC.
  • This communication may be deemed solicitation material in respect of the Annual Meeting of stockholders (the Annual Meeting) of AMC Entertainment Holdings, Inc. (AMC or the Company).

AMC Entertainment Holdings, Inc. Completes 43 Million Share At-The-Market Equity Offering and Raises $428 Million in Additional Equity Capital

Retrieved on: 
Thursday, May 13, 2021
General Entertainment, Entertainment, Film & Motion Pictures, AMC Theatres, Adam Aron, American Motors Corporation, Automotive industry, Companies, Cars

b'AMC Entertainment Holdings, Inc. (NYSE: AMC) (\xe2\x80\x9cAMC\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d), announced today that it has completed its previously announced 43 million share at-the-market equity program launched on April 29.

Key Points: 
  • b'AMC Entertainment Holdings, Inc. (NYSE: AMC) (\xe2\x80\x9cAMC\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d), announced today that it has completed its previously announced 43 million share at-the-market equity program launched on April 29.
  • AMC raised approximately $428 million of new equity capital, before commissions and fees, at an average price of $9.94 per share.\nCommenting on the capital raise, AMC CEO and President Adam Aron said, \xe2\x80\x9cBringing in an additional $428 million of new equity capital will immediately buttress and fortify our liquidity profile.
  • For more information, visit www.amctheatres.com .\nThis 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 .

Merck's Ken Frazier Named Chief Executive's 2021 CEO of the Year

Retrieved on: 
Monday, May 3, 2021
Businesspeople, Vagelos, Industry economics), Frazier, Schnitzer Steel, Adam Aron, Marsh, Schnitzer, Economic taxonomy

"\n"Ken Frazier is a world-class CEO," said Dan Glaser, President and CEO, Marsh & McLennan.

Key Points: 
  • "\n"Ken Frazier is a world-class CEO," said Dan Glaser, President and CEO, Marsh & McLennan.
  • "\nFrazier joins fellow Merck CEO P. Roy Vagelos in being named Chief Executive of the Year.
  • Vagelos was CEO of the Year in 1992.\n"This award reflects the outstanding leadership that Ken has exhibited throughout his illustrious career," said Tamara L. Lundgren, Chairman and CEO, Schnitzer Steel Industries.
  • "\n"Ken Frazier is a truly inspiring leader whose brilliant business acumen is clear," said Adam Aron, CEO and President, AMC Entertainment.

AMC Theatres' Statement on the Reopening of Movie Theatres in New York City

Retrieved on: 
Monday, February 22, 2021
Film & Motion Pictures, Entertainment, AMC Theatres, Adam Aron, Entertainment, Event venues, Movie theater, AMC, Television in the United States

In response to the announcement that movie theatres can reopen in New York City, Adam Aron, CEO and President of AMC Entertainment (NYSE:AMC), today issued the following statement:

Key Points: 
  • In response to the announcement that movie theatres can reopen in New York City, Adam Aron, CEO and President of AMC Entertainment (NYSE:AMC), today issued the following statement:
    "Governor Cuomo's announcement that movie theatres can reopen in New York City in the first week of March is another important step towards restoring the health of the movie theatre industry and of our Company.
  • We are excited to announce that AMC, the largest movie theatre exhibitor in New York City, will reopen all 13 of our theatres in New York City beginning March 5.
  • Aron continued, "Since reopening our first theatres with AMC Safe & Clean in August, AMC has welcomed back nearly 10 million moviegoers nationwide without a single reported case of COVID-19 transmission among moviegoers at our theatres.
  • We look forward to welcoming back our New York City guests to the big seats, big sounds and big screens that are only possible at a movie theatre.

AMC Theatres® to Resume Operations on October 23 at Many Theatres in the State of New York, Which Is Vital to the Theatrical Exhibition Industry

Retrieved on: 
Monday, October 19, 2020
General Entertainment, Entertainment, Film & Motion Pictures, Adam Aron, AMC, American Motors Corporation, Television in the United States, Television, AMC Theatres, Automotive industry

Approximately a dozen AMC locations are expected to resume operations this Friday, primarily in portions of Upstate New York and on Long Island.

Key Points: 
  • Approximately a dozen AMC locations are expected to resume operations this Friday, primarily in portions of Upstate New York and on Long Island.
  • The full list of New York AMCs expected to reopen on October 23 will be available later this week.
  • Beginning Friday, AMC will be serving guests in 44 of the 45 states where it has theatres, and all these AMC locations will abide by all state and local ordinances.
  • AMC CEO Adam Aron commented: The reopening of movie theatres around the country is essential to the theatrical industry and the entire entertainment ecosystem.

AMC Entertainment Completes Bond Exchange Offer Bringing in Additional Cash, Reducing Debt and Extending Maturities

Retrieved on: 
Monday, August 3, 2020
Film & Motion Pictures, Entertainment, American Motors Corporation, Chrysler, AMC Theatres, Adam Aron, Restructuring, Market liquidity, Economy, Financial economics, Finance

AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or the "Company") announced that on Friday July 31, it successfully completed a complex restructuring of approximately $2.6 billion of its debt on terms as previously disclosed.

Key Points: 
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or the "Company") announced that on Friday July 31, it successfully completed a complex restructuring of approximately $2.6 billion of its debt on terms as previously disclosed.
  • As part of the transactions, an ad hoc group of the Noteholders and Silver Lake provided AMC with additional liquidity as well.
  • Commenting on this development, AMC CEO and President Adam Aron said, "This consensual restructuring of our debt and enhancement of our liquidity are extraordinarily important transactions for AMC.
  • In addition, the debt exchange reduces our debt by more than $550 million and extends our debt maturities to 2026.

AMC Entertainment Announces the Reopening of Odeon Cinemas in Oslo, Norway

Retrieved on: 
Wednesday, June 3, 2020
Film & Motion Pictures, Entertainment, Odeon Cinemas, AMC Theatres, Entertainment, American Motors Corporation, Odeon, AMC, Movie theater, Adam Aron, Tourist attractions, Event venues, Odeon Cinemas Group

AMC Entertainment Inc. (NYSE:AMC) ("AMC" or the "Company"), the largest theatrical exhibition company in the United States, Europe, and the world, today announced that Odeon Cinemas, an AMC Company, reopened the first of AMCs approximately 1,000 cinemas around the world, in Oslo, Norway.

Key Points: 
  • AMC Entertainment Inc. (NYSE:AMC) ("AMC" or the "Company"), the largest theatrical exhibition company in the United States, Europe, and the world, today announced that Odeon Cinemas, an AMC Company, reopened the first of AMCs approximately 1,000 cinemas around the world, in Oslo, Norway.
  • Odeon Cinemas Oslo Storo 14, Sandvika 8 and Lillestrm 7 are the first three locations within the AMC and Odeon cinemas circuit to reopen.
  • The Company expects to open an additional six locations in Norway over the next two weeks, as the first phase of a wider reopening of Odeon Cinemas throughout Europe.
  • I join with all AMC and Odeon employees around the world to offer our utmost sympathies to those affected by the coronavirus, as well as our sincere gratitude to those who have been on the front lines, said Adam Aron, CEO & President, AMC Entertainment.

AMC Updates Its Commitment to Social Distancing by Introducing a New “50/50 Policy” at All Its Open U.S. Theatres

Retrieved on: 
Monday, March 16, 2020
General Entertainment, Entertainment, Film & Motion Pictures, American Motors Corporation, Chrysler, Adam Aron, AMC, Economy of the United States, Economy of Michigan

In so doing, AMC reaffirms its commitment to follow CDC recommendations on social distancing to optimize the health and welfare of its theatre guests and employee teams.

Key Points: 
  • In so doing, AMC reaffirms its commitment to follow CDC recommendations on social distancing to optimize the health and welfare of its theatre guests and employee teams.
  • AMC also is complying with all governmental mandates to close certain theatres, restaurants or bars as may be applicable.
  • AMC CEO and President Adam Aron, The health of our guests and employee teams comes first for AMC.
  • With this action AMC continues its commitment to adhere to recommendations of the CDC on social distancing, which is an extremely important concept in these unprecedented times.

AMC Theatres Strongly Commits to “Social Distancing” and Is Proactively Reducing Maximum Capacity by at Least 50 Percent in All Its U.S. Theatres

Retrieved on: 
Friday, March 13, 2020
Women, Infectious diseases, Entertainment, MEN, General Entertainment, Family, Film & Motion Pictures, Health, Consumer, AMC Theatres, Transport, American Motors Corporation, Adam Aron, Seating capacity, Sedans

Beginning tomorrow Saturday, March 14 and continuing until April 30, 2020, AMC will cut in half the seating capacity of every one of its theatres auditoriums.

Key Points: 
  • Beginning tomorrow Saturday, March 14 and continuing until April 30, 2020, AMC will cut in half the seating capacity of every one of its theatres auditoriums.
  • It will do so by capping ticket sales for each showtime in each of its theatres auditoriums to an amount equal to 50% of the normal seating capacity.
  • In those auditoriums with more than 500 seats, AMC will further cap ticket sales to a maximum of 250 in any case.
  • Adam Aron, CEO and President, AMC Theatres, said: The health and safety of our guests and theatre teams are of the utmost importance to AMC.