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The Marcus Company Declares Rolando B. Rodriguez to Retire


MILWAUKEE – The Marcus Company (NYSE: MCS) at this time introduced that Rolando B. Rodriguez, govt vice chairman of The Marcus Company and chairman, president, and chief govt officer of Marcus Theatres, will retire on October 1, 2022. Mark A. Gramz, govt vice chairman of Marcus Theatres and long-standing affiliate of the corporate, shall be promoted to president of Marcus Theatres upon Rodriguez’s retirement. Following this transition, Rodriguez will function a senior advisor to the corporate reporting to president and chief govt officer Gregory S. Marcus, symbolize Marcus Theatres as a member of the board of Nationwide Affiliation of Theatre House owners (NATO), and stay the NATO Chairman. He will even keep many civic commitments.

“Rolando has been an engaged, insightful, and intrepid chief, seeing Marcus Theatres by way of two transformative acquisitions, advancing our industry-leading visitor experiences, introducing the newest in moviegoing know-how, and creating worth added methods to deepen our friends’ loyalty to Marcus Theatres. His {industry} acumen and love for the flicks took our crew to new heights with the division constantly outperforming the {industry},” mentioned Marcus. “We’re pleased with Rolando’s many contributions to our firm, the film theatre {industry}, and the communities we serve. As he transitions into retirement, we’re in good palms with Mark who has performed a key position in Marcus Theatres’ long-term success. Collectively they’ll work to make sure a seamless transition.”

Gramz began at Marcus Theatres as an element time affiliate whereas nonetheless in highschool on the former Hwy 24 Outside Theatre in New Berlin, Wisconsin. All through highschool and into school, he served in varied roles with the corporate earlier than being named basic supervisor on the former Rivoli Cinema in Cedarburg, Wisconsin. Gramz continued to serve on this position for different space theatres till he was named district supervisor for the Milwaukee metro space. He then served in varied operational management positions earlier than being appointed to his most up-to-date position as govt vice chairman of Marcus Theatres in 2012. Gramz holds bachelor’s levels in economics and enterprise – finance from College of Wisconsin – Milwaukee. He at present serves on varied commerce affiliation boards, together with NATO’s authorities relations committee and advisory board. He additionally serves on varied regional NATO boards, together with serving as president of NATO of Ohio, vice chairman of NATO of Wisconsin and Higher Michigan, and treasurer of NATO of Illinois.

Rodriguez started his profession within the theatre {industry}, serving in varied roles with completely different operators all through North America. In 2013, Rodriguez joined The Marcus Company as govt vice chairman and president and chief govt officer of Marcus Theatres. He was appointed to chairman, president and chief govt officer of Marcus Theatres in 2017. Rodriguez acquired a grasp’s diploma in enterprise administration from Rockhurst College in Kansas Metropolis, Missouri and a bachelor’s diploma from Eckerd School in St. Petersburg, Florida. Along with serving on NATO’s board of administrators, he’s additionally a board member of the Wisconsin Affiliation of Theatre House owners, the Will Rogers Movement Image Pioneers Basis, Youngsters’s WisconsinSystem Board, and the Milwaukee Growth Company. He’s a previous board member of Rave LLC Holdings.

“The flicks are such a enjoyable, inventive enterprise. To this present day, I imagine I’ve had the best jobs on the market, whether or not as a ticket taker or CEO of the fourth largest theatre circuit within the nation,” mentioned Rodriguez. “It has been my honor to be a part of the Marcus Theatres and Marcus Company groups for practically a decade. As my household and I sit up for this subsequent chapter, you will discover me persevering with to do my finest to advertise the most effective pursuits of Marcus Theatres and to provide again to this {industry} that has given me a lot.”

In regards to the Marcus Company

Headquartered in Milwaukee, The Marcus Company is a pacesetter within the lodging and leisure industries, with important company-owned actual property belongings. The Marcus Company’s theatre division, Marcus Theatres®, is the fourth largest theatre circuit within the U.S. and at present owns or operates 1,064 screens at 85 areas in 17 states underneath the Marcus Theatres, Film Tavern® by Marcus and BistroPlex® manufacturers. The corporate’s lodging division, Marcus® Lodges & Resorts, owns and/or manages 17 accommodations, resorts and different properties in 9 states. For extra info, please go to the corporate’s web site at www.marcuscorp.com.

Sure issues mentioned on this press launch are “forward-looking statements” supposed to qualify for the secure harbors from legal responsibility established by the Personal Securities Litigation Reform Act of 1995. These forward-looking statements could usually be recognized as such as a result of the context of such statements embrace phrases corresponding to we “imagine,” “anticipate,” “anticipate” or phrases of comparable import. Equally, statements that describe our future plans, targets or targets are additionally forward-looking statements. Such forward-looking statements are topic to sure dangers and uncertainties which can trigger outcomes to vary materially from these anticipated, together with, however not restricted to, the dangers described in our filings with the Securities Alternate Fee. Shareholders, potential traders and different readers are urged to think about these components rigorously in evaluating the forward-looking statements and are cautioned to not place undue reliance on such forward-looking statements. The forward-looking statements made herein are made solely as of the date of this press launch and we undertake no obligation to publicly replace such forward-looking statements to mirror subsequent occasions or circumstances.



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