secwatch.observer — SEC 8-K summary
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Issuer:     National CineMedia, Inc. (NCMI)
CIK:        0001377630
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001377630-24-000097
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCM appoints Catherine Sullivan as President of Sales, Marketing & Partnerships; Felenstein departs June 30
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- Catherine Sullivan appointed President – Sales, Marketing and Partnerships effective May 16, 2024; reports to CEO Tom Lesinski.
- Ms. Sullivan has 30+ years experience, previously CEO of PHD Media US and CIO at Omnicom Media Group.
- Salary $650,000, target bonus 85% of salary, LTI grant for 2025 at least $600,000; one-time equity award $600,000.
- Scott Felenstein steps down May 16, departs NCM on June 30, 2024 at contract end; receives involuntary termination severance.
- Sullivan to lead sales & marketing strategy to drive growth of NCM's cinema advertising platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377630/000137763024000097/0001377630-24-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377630/000137763024000097/ncmllc-20240515.htm
  HTML page:      https://secwatch.observer/filing/0001377630-24-000097

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