---
schema_version: "secwatch.filing_event.v1"
accession: "0000062234-23-000031"
form_type: "8-K"
ticker: "MCS"
cik: "0000062234"
company_name: "MARCUS CORP"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:37:08.636844+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stephen H. Marcus retires as chairman; Gregory S. Marcus named chairman effective immediately

## Summary
- Stephen H. Marcus voluntarily retired from Board (since 1969) and chairman (since 1991), effective May 23, 2023; no disagreement cited.
- Named chairman emeritus with advisory agreement: $525,000 annual salary plus EBITDA-linked bonus for life (and spouse's life thereafter).
- Gregory S. Marcus unanimously appointed chairman, retaining his roles as CEO and president of the company.
- Philip Milstein, lead independent director, expressed confidence in Greg Marcus to continue advancing growth and performance.

## SEC filing metadata
- accession: 0000062234-23-000031
- form_type: 8-K
- ticker: MCS
- cik: 0000062234
- company_name: MARCUS CORP
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/62234/000006223423000031/0000062234-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/62234/000006223423000031/mcs-20230523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000062234-23-000031
- JSON: https://secwatch.observer/filing/0000062234-23-000031.json
- Plain text: https://secwatch.observer/filing/0000062234-23-000031.txt

## Key facts
- Executive change
  Gregory S. Marcus was appointed as Chairman of the Board at MARCUS CORP.
  - Action: appointed
  - Role: Chairman of the Board
  source text: The Company also announced on May 23, 2023 that Gregory S. Marcus will succeed Mr. Stephen Marcus as chairman of the Board effective as of the date thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/62234/000006223423000031/0000062234-23-000031-index.htm
- Executive change
  Stephen H. Marcus retired as Chairman of the Board at MARCUS CORP.
  - Action: retired
  - Role: Chairman of the Board
  source text: On May 23, 2023, The Marcus Corporation (the “Company”) announced that Stephen H. Marcus voluntarily retired from the Board of Directors (the “Board”) and as its chairman, effective as of the 2023 annual meeting of shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/62234/000006223423000031/0000062234-23-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.