Cineplex Inc. Announces CEO Retirement

Cineplex Inc., a prominent player in Canada’s entertainment sector, has announced that its President and CEO, Ellis Jacob, will retire from his position on December 31, 2026. This announcement was made on June 27, 2025, and was reported by multiple financial news sources, including Nasdaq and CEO.ca.

Ellis Jacob has been a significant figure in the company, which operates as an owner and operator of movie theaters across Canada. Under his leadership, Cineplex has showcased a variety of film formats, including regular, digital, 3D, and IMAX movies. The company is listed on the Toronto Stock Exchange and has a market capitalization of 731,950,000 CAD.

As of June 25, 2025, Cineplex’s stock closed at 11.34 CAD, with a 52-week high of 13.09 CAD on December 10, 2024, and a 52-week low of 8.05 CAD on July 1, 2024. The company’s price-to-earnings ratio stands at -9.25, reflecting its current financial performance.

The announcement of Jacob’s retirement comes at a time when Cineplex is navigating the competitive landscape of the entertainment industry. The company continues to be a key player in the Communication Services sector, focusing on delivering diverse cinematic experiences to its audience.

For more information about Cineplex’s services and locations, interested parties can visit their website at www.cineplexgalaxy.com . As the company prepares for a leadership transition, stakeholders are keenly observing how this change might influence its strategic direction and market performance in the coming years.