The
Marcus Corporation (NYSE: MCS) today announced the promotion of
Thomas F. Kissinger, 53, to senior executive vice president of The
Marcus Corporation. In addition, the company announced the promotions of
Steven S. Bartelt to director of legal affairs and Mary Beth Castino to
director of risk management.
Thomas F. Kissinger (Photo: Business Wire)
Kissinger will continue to serve as The Marcus Corporation’s general
counsel and secretary, and will assume added responsibilities for the
human resources and corporate real estate departments. He will also work
with the company’s two divisions on strategic planning.
Kissinger joined The Marcus Corporation in 1993 as secretary and
director of legal affairs. He was promoted to general counsel and
secretary in 1995 and to vice president, general counsel and secretary
in 2004. Prior to joining The Marcus Corporation, he was associated with
the Milwaukee law firm of Foley & Lardner and was a senior tax
accountant with the accounting firm of Arthur Andersen. Kissinger
currently serves on the board of directors of the American Red Cross and
is a member of the Waukesha County Business Alliance. He received a
bachelor’s degree in accounting from the University of Illinois and a
J.D. degree from George Washington University.
“Tom has done an outstanding job for the company over the past 20 years
in working with our management team and board of directors, and in
building a responsive and effective internal legal department. I look
forward to continuing to work with Tom as he assumes his added
responsibilities,” said Gregory S. Marcus, president and chief executive
officer of The Marcus Corporation.
Bartelt will assume additional management responsibilities within the
legal department as the company plans for the retirement of Linda
Treland, chief counsel of real estate, in 2015 after 26 years with the
company. Bartelt will also continue to oversee many of the company’s
complex legal transactions. He joined The Marcus Corporation in 2000 as
senior counsel and was promoted to associate general counsel in 2007.
His career also includes positions with the law firms of Godfrey & Kahn
and Reinhart Boerner Van Deuren. Bartelt received a Bachelor of Business
Administration degree from the University of Wisconsin – Oshkosh and a
J.D. degree from the University of Minnesota Law School. He is a
founding member and former officer of the University of Wisconsin –
Oshkosh College of Business Alumni Association.
Castino will continue to be responsible for the company’s insurance
procurement, claims management and guest litigation, and will assume
added responsibilities in the areas of divisional risk assessment and
transactional risk. She joined The Marcus Corporation in 2000 as claims
manager for the company’s former Baymont Inns & Suites division. In
2003, she transferred to the corporate legal department as senior claims
manager, and was promoted to director of claims in 2005. Her prior
experience includes working as an attorney representing insurance
companies and their policyholders. Castino received a bachelor’s degree
from the University of Wisconsin – LaCrosse and a J.D. degree from John
Marshall Law School.
“The promotions of these three experienced lawyers recognize their many
contributions to our corporate legal department and to the growth and
success of The Marcus Corporation,” said Marcus.
About The Marcus Corporation
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, Marcus®
Hotels & Resorts, owns and/or manages 20 hotels, resorts and
other properties in 11 states. For more information, please visit the
company’s website at www.marcuscorp.com.
Certain matters discussed in this press release are “forward-looking
statements” intended to qualify for the safe harbors from liability
established by the Private Securities Litigation Reform Act of 1995.
These forward-looking statements may generally be identified as such
because the context of such statements include words such as we
“believe,” “anticipate,” “expect” or words of similar import. Similarly,
statements that describe our future plans, objectives or goals are also
forward-looking statements. Such forward-looking statements are subject
to certain risks and uncertainties which may cause results to differ
materially from those expected, including, but not limited to, the
following: (1) the availability, in terms of both quantity and audience
appeal, of motion pictures for our theatre division, as well as other
industry dynamics such as the maintenance of a suitable window between
the date such motion pictures are released in theatres and the date they
are released to other distribution channels; (2) the effects of
increasing depreciation expenses, reduced operating profits during major
property renovations, and preopening and start-up costs due to the
capital intensive nature of our businesses; (3) the effects of adverse
economic conditions in our markets, particularly with respect to our
hotels and resorts division; (4) the effects of adverse weather
conditions, particularly during the winter in the Midwest and in our
other markets; (5) the effects on our occupancy and room rates of the
relative industry supply of available rooms at comparable lodging
facilities in our markets; (6) the effects of competitive conditions in
our markets; (7) our ability to identify properties to acquire, develop
and/or manage and the continuing availability of funds for such
development; and (8) the adverse impact on business and consumer
spending on travel, leisure and entertainment resulting from terrorist
attacks in the United States or incidents such as the tragedy in a movie
theatre in Colorado. Shareholders, potential investors and other readers
are urged to consider these factors carefully in evaluating the
forward-looking statements and are cautioned not to place undue reliance
on such forward-looking statements. The forward-looking statements made
herein are made only as of the date of this press release and we
undertake no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
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