IMAX China Holding, Inc. Appoints Megan Colligan as Non-Executive Director and Announces Changes in Composition of Board Committee
February 26, 2019 at 11:16 pm
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The board of directors of IMAX China Holding, Inc. announced that Ms. Megan Colligan has been appointed as a non-executive director and a member of the Remuneration Committee with effect from 26 February 2019. Ms. Megan Colligan, aged 46, joined IMAX Corporation in February 2019 as Executive Vice President, IMAX Corporation, and President, IMAX Entertainment, a business division of IMAX Corporation. Prior to that, Ms. Colligan served in executive roles at Paramount Pictures from 2006 to 2017, most recently as Worldwide President of Marketing and Distribution. The Board also announced that Mr. Richard Lewis Gelfond has resigned as a member of the Remuneration Committee of the Company with effect from 26 February 2019.
IMAX China Holding, Inc. is an investment holding company principally engaged in the design and sale of image maximum (IMAX) theater systems. Along with subsidiaries, the Company operates its business through three segments. The Theatre Business segment is involved in the sale of theater systems, as well as the provision of installation and maintenance services. In addition, it is also involved in the aftermarket sales of three dimensions (3D) glasses, screen sheets, sounds, parts and other items. The Network Business segment is involved in the design, procurement and provision of digital theater systems, as well as the provision of related project management, ongoing maintenance services and aftermarket sales. The New Business and Other segment is involved in any other non-core business initiatives that are in development and/or start-up phase.