Canadian cinema chain Cineplex appoints Bill Walker as CEO with immediate effect after Ellis Jacob previously announced his retirement. At the same time, the board is launching a strategic review that may include a sale of the company, among other options, according to a press release.
Goldman Sachs and TD Securities have been appointed as financial advisers.
Jacob will serve as a special adviser to the board until December 31, 2026.
No timetable has been set and no decisions regarding a transaction have been made.
