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A Cinemark in Melrose Park, In poor health. The corporate’s present CFO, Sean Gamble, was promoted to president in July and can turn into chief govt subsequent 12 months.
Photograph:
Scott Olson/Getty Pictures
Cinemark Holdings Inc.
has named
Melissa Thomas,
Groupon Inc.’s
chief monetary officer, as its new CFO, efficient Nov. 8.
Ms. Thomas will succeed
Sean Gamble,
who was promoted to the function of president in July, and will likely be named chief govt officer on Jan. 1, 2022. Mr. Gamble will proceed to function the chief working officer as effectively. Cinemark’s present CEO
Mark Zoradi
plans to retire on the finish of the 12 months.
Ms. Thomas will step down from her CFO function at Groupon on Nov. 4, in keeping with a U.S. Securities and Change Fee submitting. She had served within the place since February 2020. She joined the e-commerce market firm in 2017 as vp of economic finance and climbed up the ranks. She has beforehand labored in senior finance roles at Surgical Care Associates and the net journey fare aggregator Orbitz.
Ms. Thomas will obtain an annual base wage of $575,000. She may also obtain a sign-on bonus of $500,000 and restricted inventory awards. She can also be eligible for performance-tied bonuses and fairness awards.
Groupon has named its Senior Vice President of Finance
Damien Schmitz
as its interim CFO, efficient Nov. 5, in keeping with Groupon’s securities submitting. He’ll obtain a further month-to-month stipend of $18,750 for every month that he serves in addition to some restricted inventory unit awards, in keeping with the submitting.
Write to Kimberly Chin at kimberly.chin@wsj.com
Copyright ©2021 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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