National CineMedia announced today that Andrew J. England has stepped down as chief executive officer and a member of the company’s board of directors and that the company’s president, Clifford E. Marks, has been appointed to the additional role of Interim chief executive officer.
The NCM Board has commenced a search to identify a permanent CEO and has retained Korn Ferry, a leading executive search firm, to assist in the process.
Thomas F. Lesinski, chairman of the NCM board of directors, said, “The board is very confident in NCM’s future, and we are determined to unlock the significant potential in NCM’s premier platform. NCM operates the largest cinema-advertising network in North America, and we are committed to capitalizing on this unique market position to deliver outstanding value to our advertising partners and shareholders alike. Our CEO search will target a visionary leader who can help innovate around NCM’s platform to ensure that we remain the leading connector between brands and movie audiences and are best positioned for sustainable, profitable growth.”
“As we conduct this search for a permanent CEO, we are confident that Cliff’s leadership and the strong team in place will help ensure a smooth transition. Cliff is a seasoned executive who has deep experience with both NCM and our industry, which makes him ideally suited to serve as Interim CEO,” Lesinski continued. “We extend our appreciation to Andy for his contributions over the past several years, including his efforts to diversify our client base and digital footprint through Noovie, and wish him well in his future endeavors.”
Marks has more than 30 years of advertising, marketing and sales experience in the media and entertainment industry. He joined NCM as an original member of the company’s leadership team in 2002 and has been president since 2016.
Marks said, “I am honored to take on the additional role of Interim CEO as the board conducts its search. NCM has talented employees across the organization, and I look forward to continuing to work with them and our board to support a smooth transition.”