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Cinemark CEO Tim Warner Made $4M In 2012, +163% Following Promotion

By DAVID LIEBERMAN, Executive Editor | Thursday April 11, 2013 @ 9:32am PDTTags: Cinemark, Tim Warner

The exhibition company gave Tim Warner — who had overseen Cinemark‘s expansion in Latin America — a nice raise in February 2012, when he took the top job following the retirement of Alan Stock. The CEO’s new package included $700,000 salary, $2.1M in stock awards, $933,310 in non-equity compensation, and $207,655 in other compensation, according to the proxy filed at the SEC today. Stock ended up with $1.6M, mostly consisting of a $1.3M consulting fee. Warner’s compensation equals 1.7 times the median for Cinemark’s four other highest-paid current executives — well below the threshold that causes concern for corporate governance watchdogs. Company shares appreciated 36.7% last year.

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Cinemark Still Won’t Address Aurora Questions And Its Fallout

By DAVID LIEBERMAN, Executive Editor | Monday August 6, 2012 @ 6:39am PDTTags: Cinemark, Colorado movie theater shooting, Tim Warner

The exhibition chain has been receiving crisis management advice from Abernathy MacGregor Group, and continues to stick by its strategy of refusing to publicly discuss last month’s shootings at a Cinemark-owned theater in Aurora or the … Read More »

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Former Cinemark CEO’s Consulting Gig Pays $1M A Year

By DAVID LIEBERMAN, Executive Editor | Thursday February 16, 2012 @ 3:00pm PSTTags: Cinemark, Cinemark Alan Stock, Tim Warner

Although he just retired as CEO of Cinemark, Alan Stock won’t have to worry about being able to afford the large sized popcorn when he visits the theater. His new job as a consultant for the No. 3 exhibition chain … Read More »

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Cinemark Holdings Names Tim Warner CEO

By NIKKI FINKE, Editor in Chief | Wednesday February 15, 2012 @ 1:37pm PSTTags: Cinemark, Tim Warner

PLANO, Texas, February 15, 2012 – Lee Roy Mitchell, Chairman of the Board of Cinemark Holdings Inc announced today that Tim Warner, who led the Company’s expansion throughout Latin America as the President of Cinemark International before becoming President of the domestic circuit in 2006, has been promoted to the position of Chief Executive Officer. The appointment follows notification by Alan Stock, who has served as Chief Executive Officer since December 2006, of his decision to step down from his current leadership position and retire from Cinemark. Mr. Stock will serve in a transitional role at Cinemark through May 1, 2012 and continue in an advisory role as a consultant for the Company for a two year period thereafter.

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