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,...
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, especially with significant bonuses tied to the company's performance metrics like global box office and adjusted earnings. Gelfond's compensation includes a base salary of $1.2 million, along with substantial cash bonuses that reflect the company's success and his role in it. In 2023, he received a total compensation of $6.1 million, showing how closely his pay is linked to IMAX's results. Gelfond's employment agreements often include provisions for performance-based stock awards and severance arrangements, ensuring he has a strong incentive to drive the company's growth. Interestingly, he has a defined benefit pension plan that offers significant retirement benefits, showcasing his long-term plan for financial security well into retirement. He’s committed to increasing his stock ownership as part of his agreement, which aligns his interests closely with shareholders. Gelfond is a key player in the movie industry, steering IMAX through changing market environments and maintaining its brand as a leader in cinematic experiences.