Imax Corp. said Bradley Wechsler will step down as chairman of the board at the annual shareholders meeting in June after nearly 30 years of service to the company.
The board will select a new chairman shortly after the event.The former investment bankers Wechsler and Imax CEO Rich Gelfond acquired Imax in 1994.
They served as co-CEOs from 1996 to 2009, when Gelfond took on the role of sole CEO.“Brad and I have had an outstanding working relationship since we acquired Imax together … during which time Imax has been transformed into one of the leading entertainment technology companies in the world,” Gelfond said. “I thank him for his dedication, wisdom, insight, support and guidance.
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