Terri Moore
About Terri Moore
Terri Moore serves as Executive Vice President, US Cinemas Operations at Reading International (RDI). She was appointed EVP on December 8, 2021, after joining Reading in 2001 as Director of Theatre Operations and becoming Vice President–US Cinema Operations in 2008; she is age 74 as of the 2025 proxy . She began her theatre career in 1968 and held multiple executive roles at Pacific Theatres, including Special Project Manager in Warsaw, Poland, where she opened one of the country’s first modernized cinema circuits over a three-year period . Company proxies emphasize alignment of executive pay with shareholder value via time‑vested RSUs and PRSUs, and discuss Compensation Actually Paid vs. TSR and vs. Net Income in recent years (company-wide), though no Terri-specific performance metrics are disclosed .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Reading International | Executive Vice President, US Cinemas Operations | 2021–present | Leads US cinema operations; senior executive officer . |
| Reading International | Vice President, US Cinema Operations | 2008–2021 | Oversaw US circuit operations, moved from NYC to LA for expanded remit . |
| Reading International | Director of Theatre Operations | 2001–2008 | Managed theatre operations and performance in NYC . |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Pacific Theatres | General Manager, District Manager, HR Training & Development, Special Project Manager (Warsaw) | Not disclosed; 3 years in Poland | Opened one of Poland’s first modernized cinema circuits; broad ops and HR leadership . |
Fixed Compensation
Terri Moore is not listed among “Named Executive Officers” (NEOs) in RDI’s Summary Compensation Tables (SCT), and her base salary, target bonus, and actual bonus are not disclosed. The 2025 SCT includes Ellen M. Cotter (CEO), Margaret Cotter (EVP Real Estate), and S. Craig Tompkins (EVP & General Counsel), but no line item for Terri . The 2024 and 2023 SCTs similarly do not list her .
Performance Compensation
| Component | Metric | Weighting | Target | Actual/Payout | Vesting Terms |
|---|---|---|---|---|---|
| Short‑Term Incentive (STI) | Corporate and individual performance goals (for eligible executives) | Not disclosed | Not disclosed | For 2023, committee authorized eligibility but chose not to pay STI cash bonuses due to liquidity; instead granted stock options in April 2024 to executive officers achieving goals, sized by foregone cash bonus ÷ avg. high/low price on grant date . | |
| Long‑Term Incentive (LTI) | Time‑vested RSUs and performance‑based RSUs (PRSUs) | Not disclosed | Not disclosed | Awards used to align long‑term interests with shareholders and drive value; specific Terri awards not disclosed . | |
| Equity Plan Terms | 2020 Stock Incentive Plan governs LTI | — | — | Awards and proceeds subject to clawback/forfeiture to comply with law/Nasdaq rules . | Accelerated vesting upon death/disability; certain corporate transactions without equivalent replacement; termination without cause or for “good reason” within 24 months of a change of control (double‑trigger) . |
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Beneficial Ownership | RDI’s “Beneficial Ownership of Securities” tables list Directors and NEOs; Terri (EVP) is not individually tabulated in 2025/2024/2023 tables, so her share count and % ownership are not disclosed there . |
| Ownership Guidelines | Stock ownership policy applies to NEOs and Directors: CEO 6× base salary; other NEOs 1×; non‑employee Directors 3×. Five-year compliance window from adoption in 2017; as of measurement date, all executives/directors were in compliance. This policy is framed for NEOs and Directors, not broadly for all executive officers . |
| Clawback Policy | Board adopted an Executive Officer Clawback Policy on Nov. 29, 2023, implementing Nasdaq Rule 10D‑1. “Executive officer” includes any EVP; LTI awards and proceeds are subject to clawback/forfeiture per law/stock exchange rules . |
| Hedging/Puts/Short Sales | RDI prohibits NEOs/executive officers from trading puts/calls or engaging in short sales; anti‑hedging restrictions (zero‑cost collars, swaps, prepaid forwards, exchange funds) apply . |
| Pledging | Company practice disclosures state “NO pledging permitted by Directors or Section 16 officers without prior notice to the Compliance Officer and Audit Committee Chair” . |
| Section 16(a) Filings | RDI states all executive officers and Directors complied with Section 16(a) reporting in 2024 (company representation) . |
Employment Terms
| Term | Company Disclosure |
|---|---|
| Employment Agreement | As of Dec. 31, 2024 and 2023, RDI reports no employment agreements for NEOs; no specific employment agreement for Terri is disclosed . |
| Change‑of‑Control (COC) | Employee LTI awards accelerate upon (i) death/disability, (ii) certain corporate transactions where awards are not replaced with substantially equivalent awards, or (iii) termination without cause or for “good reason” within 24 months of a COC (double‑trigger). Director RSUs accelerate immediately upon a COC . |
| Clawback | Executive Officer Clawback Policy effective Nov. 29, 2023; 2020 Plan awards subject to clawback/forfeiture to comply with law/Nasdaq rules . |
| Indemnification | Company maintains standard indemnification agreements for officers/directors (referenced in 10‑K/A exhibits) . |
Investment Implications
- Pay‑for‑performance visibility is limited for Terri because she is not a Named Executive Officer in recent SCTs; base salary, STI payouts, and LTI grant details specific to her are not publicly itemized . That constrains direct modeling of her cash/equity mix and near‑term vesting‑related sell pressure.
- Policy architecture is shareholder‑friendly: clawback in place (EVPs included), anti‑hedging/short sale restrictions, notice‑based pledging constraints for directors/Section 16 officers, and double‑trigger COC vesting—reducing misalignment risks and opportunistic hedging .
- Tenure and operational depth may be a retention asset but, given disclosed age (74), succession and transition planning warrant monitoring for US circuit continuity; no retirement or severance entitlements are disclosed for her specifically .
- 2023 liquidity-driven decision to replace STI cash with options for qualifying executive officers indicates tight cash management and potential dilution tradeoffs; tracking future proxy detail will be key to quantify any option overhang tied to operations leadership .