Cineworld lenders appoint Eduardo Acuna as CEO

Cineworld said on Thursday that its lenders have agreed to appoint Eduardo Acuna as chief executive officer of the newly-incorporated parent company of the group.

As part of the cinema chain’s proposed restructuring after Chapter 11, Acuna will work with Eric Foss, who will be chairman.

Acuna has served as president of Cinépolis Americas since 2015, and has worked at Cinépolis, the third largest theatrical exhibition circuit in the world, since 2005. In his current role, he heads all operations for Cinépolis in 11 countries across North America and South America.

Prior to Cinépolis, he held positions at McKinsey & Company in Mexico and Argentina, Goldman Sachs in New York, the Bank of Mexico and Mexico’s Ministry of Social Development.

Foss said: "Eduardo is a seasoned executive with significant industry experience and a proven track record of driving growth and stakeholder value. I am confident that under Eduardo’s leadership, Cineworld is well positioned to reach new heights and continue to grow its global business and further enhance its cinemas for guests around the world.

"I am thrilled to have the opportunity to chart Cineworld’s new course, capitalise on its strong financial position and growth potential and continue to deliver groundbreaking cinema experiences for our guests."