Nicolas De Clercq leaving as CFO of Kinepolis Group
30 March 2022, 7 a.m.
Kinepolis Group announces that CFO Nicolas De Clercq has decided to leave the company for a new professional challenge. Mr. De Clercq will remain in office until the end of May to ensure a smooth transition for the company. More details about his replacement will be announced at a later date, once the selection process to recruit a new CFO has been completed.
Nicolas De Clercq was appointed CFO of Kinepolis Group exactly 10 years ago, after an international career of many years at USG People, among other organisations. Kinepolis would like to thank its CFO for the great cooperation and results over the past 10 years.
Eddy Duquenne, CEO of Kinepolis Group: “Kinepolis has grown enormously over the past decade and Nicolas - together with his team - has made an important contribution to facilitating that growth. We have intensively and successfully worked together for a long time, in particular on the implementation of our expansion strategy and in managing the impact of Covid-19 on our business. I would like to expressly thank him for all of this and wish him every success with his plans for the future.”
Nicolas De Clercq, CFO of Kinepolis Group: “I have really enjoyed working for Kinepolis over the last 10 years. We have completed a very attractive and profitable growth trajectory with the company and the team. Although the last two years have not been easy, we have managed to get through this period, remaining financially healthy. Moreover, we have succeeded in making the company stronger for the future. I would like to thank the team and the Board of Directors for what has been a great ride.”
Kinepolis Press Office
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Kinepolis Group NV was formed in 1997 as a result of the merger of two family-run cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept which serves as a pioneering model within the industry. In addition to its cinema business, the Group is also active in film distribution, event organization, screen publicity and property management.
In Europe, Kinepolis Group NV has 58 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. Since the acquisition of Canadian movie theatre group Landmark Cinemas and American movie theatre group MJR Digital Cinemas, Kinepolis also operates 40 cinemas in Canada and 10 in the US.
In total, Kinepolis Group currently operates 108 cinemas worldwide, with a total of 1,097 screens and almost 200,000 seats. Kinepolis’ employees are all committed to giving millions of visitors an unforgettable movie experience. More information on www.kinepolis.com/corporate.