National Cinemedia CFO to Resign in March

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

On Friday, National CineMedia (NASDAQ: NCMI  ) announced that Executive Vice President and Chief Financial Officer Gary Ferrera is resigning effective March 1, 2013, in order to "pursue another opportunity in an industry unrelated to the business of the Company."

The company, which produces the FirstLook "commercials" that run before the actual movies begin at movie theaters, has not yet named a replacement. However, management says it is "initiating a search" for a new CFO, and hopes to have one picked out before, or shortly after, Ferrera's departure.

Shares of the company closed 0.1% lower Friday ahead of the announcement, at $15.08.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2192502, ~/Articles/ArticleHandler.aspx, 10/1/2016 3:07:43 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 5 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
NCMI $14.72 Up +0.08 +0.55%
National CineMedia CAPS Rating: No stars