AMC Entertainment elects Clark and Putnam to board, Wittlinger steps down

AMC Entertainment announced that the company’s board of directors has elected Denise "Dee" Clark and Keri Putnam to the AMC Board of Directors, effective January 1, 2023. "They will each serve as a Class III director of the Company with a term expiring at the Company’s 2023 Annual Meeting of Stockholders, and at that meeting will stand for re-election thereafter. Separately, Lee Wittlinger, a Managing Director at leading private investment firm Silver Lake, has served as an AMC Director since 2018 and will resign from his Board role at year end as is the general practice following Silver Lake’s exit from an investment. Silver Lake sold its equity stake in AMC in January of 2021. With the appointments of Ms. Clark and Ms. Putnam, along with Mr. Wittlinger’s resignation, AMC has made significant progress in reaching its diversity goals, given that three of AMC’s nine Directors will be female, versus one of eight currently," the company stated.