Richard Gelfond Megan Colligan Natasha Fernandes China Entertainment pandemic 2020 president CEO SEC No Way Home Richard Gelfond Megan Colligan Natasha Fernandes China

Imax CEO Richard Gelfond’s Pay Dropped to $8 Million in 2022

Reading now: 779
thewrap.com

through 2025. He was given $1.25 million in non-equity incentive plan compensation as opposed to $1.9 million in 2021. The April 14 SEC filing noted that Megan Colligan, who will soon step down as president of Imax Entertainment, earned $3.47 million in 2022 versus $4 million in 2022.

Natasha Fernandes, who became Imax CFO last May, earned $1.22 million in her first year with the company. While the COVID pandemic impacted the entire theatrical industry worldwide, Imax was and remains in a unique position to weather the storm.

They were beneficiaries when China began playing Imax-friendly new releases like “The Eight Hundred” in the summer of 2020. An overall slow-roll return to the multiplexes in 2021 benefited the kind of big-budget tentpoles like “Godzilla Vs.

Kong,” “F9,” “No Time to Die” and “Spider-Man: No Way Home” that are tailor-made for Imax and related PLF auditoriums. As Gelfond noted during the 2021 Cinemacon presentation, shorter theatrical windows may play to Imax’s benefit, as studios will be more focused on event-izing their tentpole releases with the goal of making more money that much faster.

Read more on thewrap.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA