Exhibit 99.1
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| MEDIA CONTACTS: Ryan Noonan, (913) 213-2183 rnoonan@amctheatres.com |
FOR IMMEDIATE RELEASE
AMC ENTERTAINMENT HOLDINGS, INC. BOARD OF DIRECTORS ELECTS
SONIA JAIN TO SERVE AS A DIRECTOR OF THE COMPANY,
EFFECTIVE MARCH 1, 2024
Sonia Jain will serve as a Class III director of the Company with a term expiring at the Company’s 2026 Annual Meeting of Stockholders
LEAWOOD, KANSAS - (March 1, 2024) – AMC Entertainment Holdings, Inc., (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced that the Company’s Board of Directors has elected Sonia Jain to the AMC Board of Directors, effective March 1, 2024.
Jain will serve as a Class III director of the Company with a term expiring at the Company’s 2026 Annual Meeting of Stockholders, and at that meeting will stand for re-election thereafter. She will serve as a Member of the Audit Committee.
Jain brings to the Board extensive financial and accounting experience, including as a chief financial officer (CFO) of a publicly traded company. Jain currently serves as CFO of Cars.com Inc., where she has worked since October 2022, and a position she also held from July 2020 to April 2022. She served as CFO of Convoy Inc. from April 2022 to September 2022. Prior to her initial tenure at Cars.com Inc., Jain served as CFO of Redbox Automated Retail LLC from September 2016 to June 2020.
Jain holds a B.S. in Electrical Engineering from Princeton University, an M.S. in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology, and an M.B.A. from Harvard Business School.
AMC Chairman of the Board and CEO Adam Aron commented:
“It’s a privilege to welcome Sonia Jain as a new Director on AMC’s Board. She brings a long-standing tenure of success as a CFO, and her financial acumen and leadership will be valuable assets to our Company, our guests, and our shareholders.”
The full AMC Entertainment Holdings, Inc. Board of Directors will now include:
Adam M. Aron – Chairman of the Board and CEO; former CEO of each of Starwood Hotels and Resorts Worldwide Inc., the NBA’s Philadelphia 76ers, Vail Resorts and Norwegian Cruise Line, as well as having been the chief marketing officer of both United Airlines and Hyatt Hotels & Resorts
Denise “Dee” Clark – Global information technology executive who has led technical groups for a variety of consumer giants including Estée Lauder, Hasbro, Mattel, Warner Music, MCI Systemhouse and Apple Computer
Sonia Jain – CFO of Cars.com, former CFO of Redbox Automated Retail LLC
Howard W. 'Hawk' Koch, Jr. – Movie producer, principal at The Koch Company, former president of the Academy of Motion Picture Arts and Sciences and the Producers Guild of America