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    Cinemark Holdings Inc (CNK)

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    Cinemark Holdings, Inc. (CNK) is a leader in the motion picture exhibition industry, operating theaters in the United States and Latin America. The company provides high-quality theater experiences with amenities such as Luxury Lounger recliner seats and XD premium large format screens. Cinemark generates revenue through various product lines, including admissions, concessions, and other theater-related services.

    1. Admissions Revenue - Generates revenue from box office receipts for traditional and alternative content.
    2. Concession Revenue - Earns revenue from food and beverage sales at theaters.
    3. Other Revenue - Includes transactional fees, studio trailer placements, meeting rentals, electronic video games, and other games located in theaters.
    NamePositionExternal RolesShort Bio

    Melissa Thomas

    Executive

    Executive Vice President-Chief Financial Officer (CFO)

    Melissa Thomas has been the Executive Vice President-Chief Financial Officer (CFO) at Cinemark since November 2021. She brings extensive financial leadership experience from her previous roles at Groupon and other companies.

    Michael Cavalier

    Executive

    Executive Vice President - General Counsel and Business Affairs

    Michael Cavalier has over 30 years at CNK, and currently serves as Executive Vice President - General Counsel and Business Affairs since July 2021, following his previous roles as Executive Vice President - General Counsel and Secretary (2014-2021) and General Counsel since 1997.

    Sean Gamble

    Executive

    President and Chief Executive Officer

    CEO of Cinemark Holdings, Inc. since January 1, 2022, previously served as President from July 28, 2021, COO from January 2018, and CFO from August 2014.

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    Valmir Fernandes

    Executive

    President of Cinemark International, L.L.C.

    Valmir Fernandes has served as President of Cinemark International, L.L.C. since March 2007. He previously served as General Manager of Cinemark Brasil from 1996 to March 2007, accumulating over 28 years of experience with the company.

    Wanda Gierhart

    Executive

    Chief Marketing and Content Officer

    Wanda Gierhart is Cinemark's Chief Marketing and Content Officer since July 2021, having previously served as Executive Vice President - Chief Marketing Officer from January 2018 to July 2021. She has extensive marketing leadership experience across luxury retail and travel sectors, which she leverages to drive innovative marketing and content strategies at Cinemark.

    Benjamin Chereskin

    Board

    Director

    President and Founder of Profile Capital Management LLC

    Benjamin Chereskin has been a Director at CNK since 2004, serving on both the Compensation and Strategic Planning Committees. He also brings external experience as the President and Founder of Profile Capital Management LLC since 2009 and previously served as Managing Director and Co-Founder of Madison Dearborn Partners from 1993 to 2009.

    Carlos Sepulveda

    Board

    Independent Chairman of the Board

    Chairman of the Board at Triumph Financial, Inc. (NASDAQ: TFIN)

    Carlos Sepulveda has served as the Independent Chairman of the Board at CNK since May 2022 and has been a member of the board since 2007, providing strategic oversight and financial expertise. He has also held leadership roles in his previous positions at Interstate Battery System International, Inc. and KPMG.

    Darcy Antonellis

    Board

    Director

    Operating Advisor at ABS Capital Partners; Board Member at Xperi; Board Member at Bango PLC

    Darcy Antonellis is a Director at Cinemark Holdings, Inc. since 2015, serving as Chair of the Strategic Planning Committee and a member of the Audit and Compensation Committees. She brings extensive experience in technology and media, having previously served as CEO at Vubiquity and held senior roles at Warner Bros Entertainment.

    Enrique Senior

    Board

    Director

    Managing Director at Allen & Company LLC; Board Member at Groupo Televisa S.A.B.; Board Member at Coca-Cola FEMSA, S.A.B. de C.V.; Board Member at FEMSA

    Enrique Senior has served as a Director at CNK since 2004 and is a seasoned investment banking expert with extensive experience in the film, media, and financial sectors, notably as Managing Director at Allen & Company LLC since 1972.

    Kevin Mitchell

    Board

    Director

    Managing Member of ShowBiz Direct Distribution

    Kevin Mitchell has served as a director of Cinemark Holdings, Inc. since February 2023. He has over 30 years of experience in the motion picture industry, having previously founded and served as CEO of ShowBiz Cinemas from 2007 to 2021 and is currently the managing member of ShowBiz Direct Distribution.

    Mark Zoradi

    Board

    Board Member

    Mark Zoradi served as CEO of CNK from August 2015 to December 31, 2021 and has been a Board Member since 2015 while also serving on the Strategic Planning Committee; he was deemed independent on January 1, 2025.

    Nancy Loewe

    Board

    Director

    Chief Financial Officer at CelLink

    Nancy Loewe has been a Director at Cinemark Holdings, Inc. since 2017, serving as Chair of the Audit Committee and a member of the Governance Committee. She is recognized as a financial expert under SEC regulations and has held senior roles at CelLink, Weyerhaeuser, and Visa.

    Nina Vaca

    Board

    Director

    Founder, Chairman & CEO of Pinnacle Group, Inc.; Presidential Ambassador for Global Entrepreneurship; Henry Crown Fellow at the Aspen Institute; Life Member of the Council of Foreign Relations; Board Member at Comerica, Inc.

    Nina Vaca has served as a Director at CNK since 2014 while also chairing the Compensation Committee and participating as a Governance Committee member. She is the Founder, Chairman & CEO of Pinnacle Group, Inc. and holds other significant roles such as Presidential Ambassador for Global Entrepreneurship, Henry Crown Fellow at the Aspen Institute, and Life Member of the Council of Foreign Relations.

    Ray Syufy

    Board

    Director

    CEO of Syufy Enterprises, Inc.; Chairman of NATO CA/NV

    Ray Syufy has served as a Director at CNK since 2006 and is a nominee of the Board as well as a member of the Strategic Planning Committee. His long career in the motion picture exhibition industry includes leadership roles at Century Theatres and current positions as CEO of Syufy Enterprises, Inc. and Chairman of NATO CA/NV.

    Steven Rosenberg

    Board

    Director

    Founder and Manager of SPR Ventures Inc.; Board Member, Texas Capital Bancshares, Inc.

    Steven Rosenberg has served as a director at CNK since 2008. He brings extensive expertise in corporate governance and risk management, having held leadership roles such as Founder and Manager of SPR Ventures Inc. and President of SPR Packaging LLC.

    1. Given the recent opportunistic $200 million share buyback and the upcoming convertible note settlement, how do you plan to balance returning excess capital to shareholders while maintaining sufficient liquidity for strategic investments, especially if the box office recovery lags?
    2. With premium formats like XD driving a pricing tailwind despite representing a small fraction of your mix, how do you intend to scale these offerings sustainably without alienating price-sensitive demographics in a potentially tightening macroeconomic environment?
    3. In light of the evolving theatrical window strategy, can you quantify the current cannibalization effect on box office revenue relative to pre-pandemic longer windows and explain how you might fine-tune this strategy to mitigate potential revenue dilution?
    4. Concession costs have risen largely due to a higher mix of merchandise and reduced vendor rebates; what specific steps are you taking to control these cost pressures, and do you view this trend as a temporary spike or an ongoing challenge for margin expansion?
    5. Considering the discussion on potential M&A opportunities in the evolving market, what specific financial or operational benchmarks would prompt management to pursue acquisitions, and how would these initiatives align with your broader strategy of deepening market penetration?
    Program DetailsProgram 1
    Approval DateMarch 6, 2025
    End Date/DurationMarch 11, 2025 to March 27, 2025
    Total additional amount$200 million
    Remaining authorization amount$0
    DetailsThe program was fully executed to mitigate potential shareholder dilution related to the warrants associated with the company's upcoming convertible note settlement. The company repurchased 7,930,000 shares of its common stock, representing 6.5% of its then outstanding share count, at an average price of $25.22 per share.

    Competitors mentioned in the company's latest 10K filing.

    CompanyDescription

    Regal

    This competitor is one of the primary U.S. competitors in the motion picture exhibition industry, competing with the company in attracting guests, licensing films, and developing new theater sites.

    This competitor is another primary U.S. competitor in the motion picture exhibition industry, competing with the company in attracting guests, licensing films, and developing new theater sites.

    Cinépólis

    This competitor is a primary international competitor, varying by country, and competes with the company in the motion picture exhibition industry.

    Cine Colombia

    This competitor is a primary international competitor, varying by country, and competes with the company in the motion picture exhibition industry.

    CinePlanet

    This competitor is a primary international competitor, varying by country, and competes with the company in the motion picture exhibition industry.

    Kinoplex (GSR)

    This competitor is a primary international competitor, varying by country, and competes with the company in the motion picture exhibition industry.

    UCI

    This competitor is a primary international competitor, varying by country, and competes with the company in the motion picture exhibition industry.

    Royal Films

    This competitor is a primary international competitor, varying by country, and competes with the company in the motion picture exhibition industry.

    Araujo

    This competitor is a primary international competitor, varying by country, and competes with the company in the motion picture exhibition industry.

    No recent press releases or 8-K filings found for CNK.