National CineMedia Announces Leadership Transition Plan
Key Highlights
- ➤Tom Lesinski to retire as NCM CEO December 31, 2026
- ➤Board retained Korn Ferry for a comprehensive CEO search
- ➤NCM will focus on accelerating advertising, integrating Captivate, and executing growth strategy
- ➤NCM operates approximately 48,000 digital screens across cinema, office, and residential environments
Expert Statements
Thomas F. Lesinski, Chief Executive Officer of National CineMedia
“I look forward to working closely with the Board and my colleagues to ensure a smooth transition and position NCM for continued success.”
Thomas F. Lesinski, Chief Executive Officer of National CineMedia
“As NCM enters its next evolution following the closing of our recent Captivate acquisition, I believe that now is the right time to pass the baton to a new leader who can continue to carry our momentum forward and drive the Company to new levels of innovation and growth.”
David Glazek, Chair of the National CineMedia Board of Directors
“Tom led NCM through a period of significant change, and he has played an important role in advancing the Company’s transformation and creating new opportunities for long-term success.”
David Glazek, Chair of the National CineMedia Board of Directors
“As we look forward, the Board intends to identify a new leader with the vision and operating experience to accelerate NCM’s growth and capture the full value of our expanded cinema and digital out-of-home platform.”
David Glazek, Chair of the National CineMedia Board of Directors
“With the addition of Captivate, NCM is well-positioned to capitalize on meaningful growth opportunities across an expanded platform.”
David Glazek, Chair of the National CineMedia Board of Directors
“We are confident that the next CEO will build on this momentum to maximize long-term shareholder value.”
National CineMedia, Inc. (NASDAQ: NCMI) (“NCM” or the “Company”), a leading premium video and digital out-of-home advertising platform in the U.S., today announced Chief Executive Officer Thomas F. Lesinski will retire as part of a transition plan, with an anticipated departure of December 31, 2026. The Board of Directors (the “Board”) has retained Korn Ferry, a leading global executive search firm, to assist with a comprehensive search for the Company’s next Chief Executive Officer.
“I have been part of NCM for over 12 years, having joined the Board in 2014 and appointed as CEO in 2019. Over my career in media from Warner Bros. to Paramount Pictures to NCM, I can honestly say that serving as CEO of NCM has been one of the great honors of my life. It has been a privilege to lead NCM and its talented team, and I’m incredibly proud of what we have accomplished together to transform the business and establish a strong and diverse foundation for the future,” said Mr. Lesinski. “I’m grateful to our shareholders, employees, advertisers, and exhibitor partners for their ongoing support and partnership, and I look forward to working closely with the Board and my colleagues to ensure a smooth transition and position NCM for continued success. As NCM enters its next evolution following the closing of our recent Captivate acquisition, I believe that now is the right time to pass the baton to a new leader who can continue to carry our momentum forward and drive the Company to new levels of innovation and growth.”
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