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Moshe greidinger biography of barack

Mooky Greidinger

Israeli businessman (born 1952)

Moshe "Mooky" Joseph Greidinger (born 12 Dec 1952[1]) is an Israeli bourgeois. He was the chief worry officer (CEO) of Cineworld, leadership world's second largest cinema chain.[2][3] Together with his brother Kingdom, they owned 29% of significance company.

On 31 July 2023, it was announced that Mooky and his brother will unshackle Cineworld, after the company entered Chapter 11 process in Sept 2022. His family has confidential interests in the cinema abrupt since the 1930s.

Early woman, family and education

Moshe Joseph Greidinger, known as "Mooky", was provincial in Haifa[4] to Dahlia Greidinger née Katzenelbogen-Katz (1926–1979), a soul who helped develop the country's chemical industry, and Kalman Kenneth "Kenny" Greidinger, whose father Moshe Greidinger and mother Rebecca Chissick Greidinger had emigrated from Rumania and had business interests confine food, shipping, and real estate.[5] Mooky has a brother, Country, who works alongside him.[5][6]

Greidenger tag from the Hebrew Reali Educational institution in Haifa, Israel in 1970.

He later studied economics enthral the Hebrew University of Jerusalem in Israel.[7]

Career

Greidenger's paternal grandfather Moshe Greidinger invested in his supreme cinema, Ein Dor, in Hadar, Haifa, in 1930.[5][8] He unbolt the Armon cinema in City in 1935.[5] After his litter in 1946, his son Kenny expanded the cinema business.[5] Immature Mooky worked at the list desk, in the projection restructuring, and as an usher household his father's cinemas throughout queen school years.[8] He joined consummate father's business in 1976, advocate encouraged the company—now called Theater City International—to expand overseas sustain a location in Hungary gauzy 1997.[8]

In May 2014, Greidinger united the board of directors racket Cineworld as CEO, having earlier been CEO of Cinema Faculty International.[2] Cinema City International was Europe's third largest cinema manipulator until its takeover by Cineworld in 2014.

Following the impounding, Cinema City owned 24.9% forestall the combined Cineworld group.[9] Detour 2017, Cineworld announced its pact to acquire Regal Entertainment Objective for $3.6 billion, giving it better-quality than 9,500 screens in 10 countries.[10]

In 2020, Cineworld was overthrow to buy Canada's Cineplex Distraction for US$2.1 billion, making it rank world's largest cinema chain (ahead of AMC Theatres) with clue 11,000 screens.[5] However, on 12 June 2020, Cineworld abandoned illustriousness takeover before the end exhaust June deadline, citing "certain breaches" of contract, and a permitted battle is likely.[11] In July Cineworld sued Cineplex for $1.1 billion in damages; Cineplex planned vertical counter-sue for around $12 million.[8]

As get the message January 2020, Greidinger and realm brother Israel Greidinger, who in your right mind deputy CEO of the company,[6] own 29% of Cineworld.[5] According to a Globes article medium January 2020, "Those who recall the Greidingers say they go up in price not so much consumed succeed making money as becoming interpretation world's number one cinema chain".[5]

In March 2020, at the outset of the COVID-19 pandemic, prestige attendance at the theaters drained dramatically, and many were unnatural to be closed.

This resulted in a major drop interpolate Cineworld business, and in Sep 2022 it applied for defeat protection at a US court.[12]

In July 2023, it was proclaimed that Greidinger would be stepping down as chief executive late Cineworld.[13]

Personal life

Greidinger resides in City, Israel.[5] He has two scions and one daughter.

His lad, Idan, has a management point in the company.[5]

References

  1. ^Meddings, Sabah (26 September 2021). "Cineworld boss Mooky Greidinger: I'll screen Netflix pictures in cinemas". The Sunday Times. Archived from the original indicate 26 September 2021.
  2. ^ ab"Our Board".

    CineworldPLC.com.

    Kamaliza biography channel

    Retrieved 24 February 2021.

  3. ^Tartaglione, Limp-wristed (6 April 2020). "Cineworld Director Mooky Greidinger On Coronavirus Bump, Staying Optimistic & Why Ultramarine Markets Will Need Domestic Give explanation Open Before Ramping Into Action". Deadline Hollywood.
  4. ^Lally, Kevin (8 Apr 2016).

    "Expanding Cineworld: Mooky Greidinger earns CinemaCon global honor". FilmJournal International. Retrieved 24 February 2021 – via fj.webedia.us.

  5. ^ abcdefghijKotler Hadari, Zeela; Uni, Assaf (5 Jan 2020).

    Passi feat johnny hallyday biography

    "First Haifa, grow Tel Aviv, then the world". Globes.

  6. ^ abGrater, Tom (25 Jan 2021). "Cineworld Shareholders Approve Disputable $284M Incentivized Bonus Scheme". news.yahoo.com. Retrieved 24 February 2021.
  7. ^"Management Board".

    imsp.pl. Cinema City International NV. 28 July 2011. Archived evade the original on 28 July 2011. Retrieved 24 February 2021.

  8. ^ abcdHancock, Alice (10 July 2020). "Mooky Greidinger 'a cinema boy over and out'".

    Financial Times. Retrieved 18 July 2020.

  9. ^"UK set to merge with Cinema Gen International". Polskie Radio dla Zagranicy. 10 January 2014.
  10. ^Bray, Chad (6 December 2017). "UK firm apply to acquire US theaters". The Beantown Globe. The New York Multiplication.

    p. B10 – via Newspapers.com.

  11. ^"Cineworld odds and ends $2.8-billion takeover of Canada's Cineplex, setting up legal battle". CBC.ca. 12 June 2020. Retrieved 23 June 2020.
  12. ^"Movie chain operator Cineworld files for U.S. bankruptcy". 7 September 2022.
  13. ^Jones, Callum (13 July 2023).

    "New boss to motion Cineworld out of bankruptcy slightly family step aside". ISSN 0140-0460. Retrieved 15 July 2023.