Cinemark Promotes COO Tim Warner to CEO

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Cinemark said Wednesday that Tim Warner has been appointed its new CEO, replacing Alan Stock, who retired but will remain in a transitional role until May.

Warner, a 16-year veteran with the movie exhibition company, was most recently its COO. Before joining as president of Cinemark International in 1996 he was CEO of NATO California/Nevada and general chairman of NATO/ShoWest.

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"Cinemark is the industry's leading exhibitor and I am proud to have contributed to the company's growth during my 26-year tenure," Stock said Wednesday. Stock had been CEO since late 2006.

Cinemark operates 448 theaters with 5,096 screens in the U.S. and Latin America.

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