Summary by Moomoo AI
AMC Entertainment has elected Marcus Glover as a Class I director to its Board of Directors, effective September 12, 2024. Glover, currently serving as Executive Vice President and CFO of Bally's Corporation, will join the company's Audit Committee and serve until the 2027 Annual Meeting of Stockholders. The Board has confirmed his status as an independent director and audit committee financial expert.Glover brings extensive financial and operational experience to AMC's board, having previously held executive positions including Chief Strategy Officer at QPSI LLC and senior roles at major casino resorts including Borgata Hotel and Caesars Entertainment. He holds an MBA from Duke University's Fuqua School of Business and a BA in Business Administration from Morehouse College.With Glover's appointment, AMC's Board expands to 11 directors, strengthening its governance structure with additional financial expertise. He will receive standard non-employee director compensation and has entered into an indemnification agreement with the company. The appointment reflects AMC's commitment to enhancing its board's financial oversight capabilities.
