AMC ENTERTAINMENT HOLDINGS,INC. (NYSE:AMC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March12, 2018, Lin (Lincoln) Zhang, provided AMC Entertainment Holdings,Inc. (“AMC”) with notice of his resignation as a Director of AMC effective immediately due to his taking on new responsibilities within AMC’s controlling stockholder, Dalian Wanda Group Co.,Ltd. and its affiliates. Mr.Zhang’s resignation did not involve any disagreement between him and AMC on any matter related to AMC’s operations, policies, practices or otherwise. Mr.Zhang was the Chairman of the Board and served as a ClassIII Director of the Board of AMC. The Board of Directors of AMC has not appointed a replacement for Mr.Zhang at this time. However, the AMC Board does expect to select a new Chairman from within its ranks shortly.
About AMC ENTERTAINMENT HOLDINGS,INC. (NYSE:AMC)
AMC Entertainment Holdings, Inc. is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc. (AMCE), American Multi-Cinema, Inc. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors. The Company also offers a range of food and beverage items, which include popcorn; soft drinks; candy; hot dogs; specialty drinks, including beers, wine and mixed drinks, and made to order hot foods, including menu choices, such as curly fries, chicken tenders and mozzarella sticks. It operates over 900 theatres with approximately 10,000 screens globally, including over 661 theatres with approximately 8,200 screens in the United States and over 244 theatres with approximately 2,200 screens in Europe. The Company’s subsidiary also includes Carmike Cinemas, Inc.