Board Appointment

RNS Number : 4363N

Cineworld Group plc

17 January 2019

 

Cineworld Group plc ("Cineworld" or the "Company") announces that Alicja Kornasiewicz has been appointed Deputy Chair, and that she will succeed the current Chair, Anthony Bloom, following his planned retirement at the Company's 2020 Annual General Meeting.

Cineworld is pleased to announce the appointment of Alicja Kornasiewicz as Deputy Chair of the Board with immediate effect.  Alicja will step up into the role of Chair of the Board at the conclusion of the Annual General Meeting ("AGM") in 2020.  At that time, the current Chair, Anthony Bloom, will step down, having served as Chairman for almost 25 years dating back to the formation of the Company.  Prior to the AGM in 2020, Anthony and Alicja will work closely together to ensure a smooth handover.

Alicja joined the Board in 2015 as an independent non-executive director, and has played an extremely valuable role.  She has had a distinguished career in business, finance, politics, and on regulatory bodies, having worked in management roles at UniCredit and Morgan Stanley, as Chair of the Supervisory Board of Bank Pekao SA, and as a member of the Polish parliament after the first free elections in 1989.  Alicja has also served as Secretary of State for the Ministry of the State Treasury of the Republic of Poland, has a PhD in economics, and is a qualified auditor.

Rick Senat, the Nomination Committee Chairman, said:

"We conducted a thorough process and evaluated a wide range of candidates.  Alicja was the outstanding one, and we believe she will be an excellent successor to Anthony Bloom as Chair of the Board in 2020."

Alicja Kornasiewicz said:

"I consider it an honour to accept the position of Deputy Chair and, in due course, Chair of this very successful Company, which has such an exciting future ahead of it.   Anthony Bloom has made a major contribution to the development of Cineworld since day one, and I look forward to working closely with him to ensure a seamless transition following the 2020 Annual General Meeting."

Anthony Bloom said:

"Alicja has made a significant contribution to the Board since joining it in 2015, and her experience and background will undoubtedly be an asset to the Company going forward.  I fully support her appointment."

LEI: 213800J2J3TOOI176M73

OAM: 3.1 (Additional regulated information required to be disclosed under the laws of a Member State)

 

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