The National Association of Theatre Owners announced Thursday that Ellis Jacob, President/CEO of the Toronto-based Cineplex has been named as the organization’s new chairman, with Marcus Theaters CEO Rolando B. Rodriguez selected as new vice chairman.
Jacob, elected as Executive Board vice chairman in October 2017, had been serving as acting chairman following the retirement of previous chairman Amy Miles. The Board voted to make Jacob chairman for the remainder of the two-year term, with Rodriguez filling his previous role.
The election was made by NATO’s executive board of directors, which consists of 17 executives in the domestic movie theater industry and which elects the organization’s four volunteer positions.
Yesterday, NATO announced that domestic box office gross for the year reached $6 billion before the end of June for the first time in industry history. Year-to-date gross is currently over nine percent above last year, and only needs to stay above 3.5 percent to top 2016’s annual record of $11.3 billion.