Cinemark Holdings, Inc. Promotes Jay Jostrand to Executive Vice President Real Estate
February 28, 2020 at 06:05 pm
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Cinemark Holdings, Inc. announced that Jay Jostrand has been promoted to Executive Vice President Real Estate. In this role, Jostrand will continue to manage all real estate efforts throughout Cinemark’s 345-theatre domestic circuit, which includes overseeing strategic investments and advances in expansion, amenities, maintenance and productivity. Jostrand’s tenure at Cinemark spans nearly two decades. During that time, he has been instrumental in securing locations for the Company’s significant domestic theatre growth and identifying locations for re-positioning with Luxury Lounger recliner seats. In addition, he spent over a decade of his career as a partner with GRACO Real Estate Development in the retail development, ownership and brokerage side of the real estate business.
Cinemark Holdings, Inc., is engaged in the motion picture exhibition business. The Company operates through two segments: United States markets and international markets. It operates 501 theatres and 5,719 screens in the United States, and Latin America. The Companyâs United States circuit operated 309 theatres and 4,324 screens and its Latin America circuit operated 192 theatres and 1,395 screens across 13 countries. It also plays mainstream films from many different genres, such as animated films, family films, dramas, comedies, horror, and action films. The Company offers various alternative entertainment content for its guests, which includes concert, sporting, and gaming events, as well as art, independent, faith-based, and multicultural foreign language films. In addition, it provides the functionality and technological infrastructure to live-stream events via satellite network across its portfolio of theatres in the United States and Latin America.
CINEMARK HOLDINGS, INC. 
