AMC Entertainment appoints CEO Adam Aron to additional role of Board Chairman alongside Philip Lader as Lead Director

– USA, KS –  AMC Entertainment Holdings, Inc. (NYSE: AMC), the largest theatrical exhibitor in the United States, in Europe & the Middle East, and in the world, today announced the appointment of Adam Aron, CEO and President of AMC since 2016, to the additional role of Chairman of the Board of Directors, alongside Philip Lader serving as its Lead Director.

The Board of Directors now includes:

  • Adam Aron – Chairman of the Board and CEO; Howard W. ‘Hawk’ Koch, Jr. – Movie producer, principal at The Koch Company, former president of the Academy of Motion Picture Arts and Sciences
  • Philip Lader – Senior Advisor to Morgan Stanley Institutional Securities
  • Gary Locke – Trade consultant and owner of Locke Global Strategies;
  • Kathleen Pawlus – Retired partner of Ernst and Young, LLP
  • Anthony 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 Sussman – President of Epic Games;
  • Lee Wittlinger – Managing Director of Silver Lake;

About Adam Aron

Adam Aron has served AMC as CEO and President and as a member of the Board of Directors since January of 2016. In this role and as the face of AMC, Adam Aron has overseen the Company’s transformative growth into becoming the largest theatrical exhibitor in the United States, in Europe & the Middle East, and in the world. His most recent focus has been on guiding AMC through the complexities of the coronavirus pandemic. Aron has significant business and executive experience, having led as CEO of five different companies in five different industries for more than 20 years. He has served continuously since 1988 on numerous corporate Boards.

Adam Aron commented: “First, I want to express my deepest and sincerest thanks to Lin Zhang and Mao Jun Zeng for their contributions to AMC’s success and their many years of service as members of AMC’s Board of Directors. Their support, guidance, and true friendship have been extremely important to me. Additionally, I am grateful to the full AMC Board for their confidence in my continuing leadership. And it goes without saying that I eagerly look forward to working with Phil Lader in his new role as Lead Director of the Board, as well as with all of our distinguished and talented Board members.”

Adam Aron received a bachelor of arts degree cum laude from Harvard College and a master’s of business administration degree with distinction from the Harvard Business School.

About Ambassador Philip Lader

Ambassador Philip Lader, now Lead Director of AMC, joined its Board as an independent director in July of 2019. Ambassador Lader is a Senior Advisor to Morgan Stanley Institutional Securities. He was the U.S. Ambassador to the Court of St. James’s, and served in President Clinton’s Cabinet as Administrator of the U.S. Small Business Administration, along with having been White House Deputy Chief of Staff, Assistant to the President, and Deputy Director of the Office of Management & Budget. In business, he has been Chairman of WPP plc (which includes Ogilvy & Mather, J. Walter Thompson, Young & Rubicam, Grey, Group M, Kantar, Hill & Knowlton, and Burson-Marsteller, among other companies in 124 countries). Previously, he was EVP of Sir James Goldsmith’s US holdings (including America’s then-largest private landholdings) and President of Sea Pines Company (developer/operator of large-scale resort communities), universities in South Carolina, and Australia, and Business Executives for National Security. He has also served on the boards of Lloyds of London, Marathon Oil, AES, Songbird (Canary Wharf), and RAND Corporation.

Ambassador Lader’s education includes Duke, Michigan, Oxford, and Harvard Law School, and he has been awarded honorary doctorates by 14 universities. He was awarded the Benjamin Franklin Medal by The Royal Society for Arts, Manufactures & Commerce for his contributions to trans-Atlantic relations.

Ambassador Lader commented: “Adam’s leadership and my board colleagues’ commitment to AMC’s shareowners, guests, and employees demonstrate our fundamental belief in movie theaters’ incalculable contributions to international commerce, culture, and understanding. As an avid movie-goer and film industry enthusiast as well as corporate director, I look forward to AMC’s continued resilience and a bright future for movie-goers.”

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 approximately 950 theatres and 10,500 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.

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