Mark Zoradi Latest Celebrity News & Gossip

By Jill Goldsmith, Anthony D'Alessandro

Cinemark CEO Mark Zoradi on Wednesday predicted it will take up to four months for shuttered cinema screens to fully reopen as the COVID-19 crisis recedes, likely starting July 1. "A return to normalcy may span multiple months driven by staggered theater openings due to government limits, reduced operating hours, lingering social distancing and a ramp-up of consumer comfort with public gatherings," Zoradi said on a morning call to update Wall Street analysts.

By Patrick Hipes

Cinemark Holdings Inc. CEO Mark Zoradi saw his total compensation for 2019 rise to $6.3 million, compared to $5.24 million in 2018, per the company's proxy statement filed with the Securities and Exchange Commission on Friday.

Cinemark CEO Mark Zoradi and the theater chain's board of directors are forgoing their entire salaries for the time being amid the coronavirus epidemic, while mandating deep pay reductions for all U.S. corporate employees, the company said Monday.

By Jill Goldsmith

By Patrick Hipes

Cinemark, the nation’s third largest movie theater chain, has joined AMC and Regal in closing down operations due to the coronavirus pandemic.