Richard L. Gelfond is the CEO of IMAX Corporation and has held this position since 2009. He has a background in economics, having earned a Bachelor of Arts from UCLA. Under his leadership, IMAX has seen various ups and downs,...

Current Market Cap

$1.28B

Number of Employees

697

Total Compensation

2019 - 2023

Trending up by 219.95% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 55.34% last year

Other

Down by -100.00% last year

Year

2023

Total Compensation

$8.12M

Salary

$1.20M

Board Justification

The compensation philosophy emphasizes a pay-for-performance culture that aligns executive compensation with company performance, shareholder interests, and retention strategies. The compensation structure includes a significant portion tied to performance metrics.

Bonus

$1.95M

Board Justification

The annual cash bonus is assessed based on a formulaic component (80% of the bonus) and a discretionary component (20% of the bonus) based on the CEO's individual performance. The formulaic component payout was 153.6% of target, resulting in a total cash bonus of $1,954,520 for 2023.

Other

$0.00

Board Justification

No additional compensation reported outside of salary, bonus, and vested stock.

Restricted Stock

$4.97M(300.4K Common Stock)

Board Justification

300,397 shares of stock awards vested in 2023, including 96,098 RSUs and 140,825 PSUs that converted to Common Shares on specified dates.

Performance Metrics

Key performance metrics for 2023 included IMAX Global Box Office, Free Cash Flow, Installations, Signings, Adjusted EPS, and Adjusted EBITDA Margin.

SEC Filing

From April 26, 2024

Richard L. Gelfond

Ex-CEO of Imax

RL

Education

Bachelor of Arts in Economics from the University of California, Los Angeles

Field of Expertise

Business & Management

Born

January 1, 1958 - 66 years ago

Is Founder?

No

Tenure

13 years 11 months (Apr 2009 - Mar 2023)

Previous Experience

Co-Chief Executive Officer of IMAX Corporation