The Marcus Corporation (NYSE: MCS) announced the resignation of Kirk A. Rose, president of Marcus Hotels & Resorts. Rose, who joined the company in January 2013, is leaving to pursue an opportunity to return to his roots in finance as the chief financial officer of a family office based in Chicago.
Gregory S. Marcus, president and chief executive officer of The Marcus Corporation, said a search for a replacement is already underway. During the search process, Thomas F. Kissinger, senior executive vice president, general counsel and secretary, will lead the Marcus Hotels & Resorts division. In addition, William H. Reynolds, Jr., senior managing director of MCS Capital LLC, The Marcus Corporation’s hotel investment affiliate, will add oversight of all hotel development activities to his responsibilities.
“While we would have preferred to have Kirk remain with us for many years, the contributions he has made will have a lasting impact on the company.”
“Our team has deep bench strength and I am confident we will continue to successfully operate and grow our highly regarded hotel and resort business,” said Marcus. “While we would have preferred to have Kirk remain with us for many years, the contributions he has made will have a lasting impact on the company.”
Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. The Marcus Corporation’s theatre division, Marcus Theatres®, currently owns or manages 685 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. The company’s lodging division, Hotels & Resorts, owns and/or manages 20 hotels, resorts and other properties in 11 states.
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