Imax CEO Rich Gelfond Earned $6.9 Million In 2020; Touts Big Upcoming Slate Of “Imax Friendly” Films
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deadline.comImax CEO Rich Gelfond earned $6.9 million last year, down slightly from $7.1 million in 2019 as the pandemic shuttered theaters and Imax screens around the world.The package included base pay of $1.2 million and a stock award valued at $5.5 million.
Imax, while hard hit like the rest of the industry, was able to capitalize on a rebound in the box office in Asia and in particular in China where it’s a majority owner of Imax China.
Imax screens made up a significant chunk of the first post-pandemic box office hit, Godzilla Vs. Kong.In a letter to shareholders, Gelfond said: “While we are comfortable that there will be a rebound in global moviegoing as further markets reopen, the timing of that rebound is difficult to predict.
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