Mark Welton to Lead IMAX in the Entertainment Tech Market

IMAX Corporation (NYSE: IMAX; TSX: IMX) has announced the appointment of Mark Welton as president of IMAX Theatres, reporting directly to CEO Richard L. Gelfond.

Welton most recently served as the company’s executive VP of Corporate and Digital Development & Theatre Operations.

In his new role, Welton will direct IMAX’s Theatre Sales and Operations worldwide, developing and executing strategies to further the company’s growth and extend its leadership position in the entertainment technology industry.

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In addition, he will oversee IMAX’s technology efforts in projection technology and serve as the executive in charge of the company’s Canadian headquarters in Mississauga, Ontario. The announcement was made today, March 29.

“Mark has a proven track record of achievement within IMAX,” said IMAX CEO Richard L. Gelfond. “His in-depth knowledge of our business, coupled with his operational and industry expertise, has helped us expand our business in key markets. I look forward to continuing to work closely with Mark to accelerate our network expansion and build upon our positive marketplace momentum.”

Prior to joining the company, Welton (pictured above) was an associate lawyer at the law firm Stikeman, Elliot and was a chartered accountant with Ernst & Young. He resides in the Toronto area with his wife and two children.