---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-455387"
form_type: "8-K"
ticker: "NCMI"
cik: "0001377630"
company_name: "National CineMedia, Inc."
filed_at: "2026-11-10T21:01:34+00:00"
generated_at: "2026-11-10T21:03:13.742658+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NCMI CEO Tom Lesinski to retire Dec 31, 2026; board hires Korn Ferry to lead successor search

## Summary
- Thomas F. Lesinski will retire as Chief Executive Officer and step off the Board, with anticipated departure December 31, 2026; he remains CEO through the transition.
- Board retained search firm Korn Ferry to identify a successor CEO; no replacement has been named.
- Transition and Separation Agreement dated Nov 9, 2026: $3,000,000 severance paid over 12 months after departure, COBRA up to 12 months, and eligibility for the 2026 annual bonus.
- Outstanding equity awards vest pro-rata through the Transition Date; performance stock units remain eligible to vest based on actual performance.
- Lesinski joined the Board in 2014 and became CEO in 2019; he cited the closing of the Captivate acquisition as the right time to hand over leadership.

## SEC filing metadata
- accession: 0001193125-26-455387
- form_type: 8-K
- ticker: NCMI
- cik: 0001377630
- company_name: National CineMedia, Inc.
- filed_at: 2026-11-10T21:01:34+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377630/000119312526455387/0001193125-26-455387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377630/000119312526455387/ncmi-20261110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-455387
- JSON: https://secwatch.observer/filing/0001193125-26-455387.json
- Plain text: https://secwatch.observer/filing/0001193125-26-455387.txt

## Key facts
- Executive change
  Thomas F. Lesinski departed as Chief Executive Officer at National CineMedia, Inc..
  - Action: retire
  - Role: Chief Executive Officer
  source text: On November 10, 2026, National CineMedia, Inc. (the “ Company ”) announced that Thomas F. Lesinski, the Company’s Chief Executive Officer, will retire as part of a transition plan from his position as Chief Executive Officer and as a member of the Board of Directors (the “ Board ”), with an anticipated departure of December 31, 2026 (the “ Transition Date ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1377630/000119312526455387/0001193125-26-455387-index.htm

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