Cinemark Names Industry Veteran Mark Zoradi As CEO, Effective August 24

(RTTNews) - Cinemark Holdings, Inc. (CNK), a motion picture exhibitor, said industry veteran Mark Zoradi has been named to succeed Tim Warner as Chief Executive Officer, effective August 24.

Warner, who has nearly 20-year career at Cinemark and more than a 50-year career in the movie theatre industry, has been named as Cinemark's Executive Vice-Chairman. He will work closely with Zoradi and the management team to facilitate a smooth transition.

Warner has also agreed to provide consulting services to the company after the expiration of his employment agreement.

Cinemark Director Mark Zoradi, 61, is a seasoned entertainment industry executive, and most recently served as the Chief Operating Officer of Dreamworks Animation SKG, Inc.

Prior to his post at Dreamworks, Zoradi served as the President and Chief Operating Officer of Dick Cook Studios, a new media and entertainment start-up company.

During his 30 year career at Disney he served in a variety of executive positions including Home Entertainment, Disney Channel, Television, Worldwide Theatrical Distribution/Marketing, and as The President of the Motion Picture Group.