Imax CEO Rich Gelfond On Temporary Medical Leave With Pneumonia

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Imax CEO Rich Gelfond has taken a impermanent aesculapian time off of absence while he gets treated for pneumonia.

In a property release, nan movie tech patient said nan exec is “receiving outstanding attraction and progressing successful his recovery.”

During his leave, Gelfond will not return portion successful nationalist aliases backstage events – a alteration of gait for nan exec, who is simply a fixture connected nan societal circuit. The merchandise noted that nan institution is making nan time off nationalist successful bid to “provide transparency and guarantee that location is nary speculation arising retired of Mr. Gelfond not appearing astatine nan company’s upcoming events.”

The announcement comes 2 weeks anterior to CinemaCon successful Las Vegas, a movie manufacture confab wherever Imax (and Gelfond) person had an expanding floor plan successful caller years arsenic nan company’s large-format auditoriums and cameras play a bigger domiciled successful blockbuster releases.

Gelfond, 70, joined Imax successful 1994, aft his firm, Cheviot Capital Advisors, bought nan company. He was co-chairman until becoming CEO successful 2009.

In revealing Gelfond’s diagnosis, nan institution said members of its elder guidance squad are “executing their day-to-day responsibilities successful coordination pinch each different and Board Chairman Darren Throop, pinch regular connection pinch nan afloat committee of directors.” The roster of executive officers includes CFO Natasha Fernandes, Chief Marketing Officer Anne Globe, Chief Legal Officer Rob Lister, and Imax Theatres President. Mark Welton.

Imax said it would not connection further comment. “out of respect for Mr. Gelfond’s privateness arsenic he is being treated,” promising to supply updates “as appropriate.”

In a statement, Throop said Imax has “a strong, profoundly knowledgeable elder executive squad who are afloat engaged, providing regular updates to nan board, and stay focused arsenic ever connected nan continued maturation and occurrence of Imax. We are each wishing Rich good and a afloat and speedy recovery.”

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Source deadline.com
deadline.com