Reading International, Inc. Announces Management Changes
January 28, 2019 at 06:30 pm IST
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Reading International, Inc. announced that Devasis Dev Ghose has retired from the Company as Executive Vice President, Chief Financial Officer and Treasurer on January 23, 2019. Gilbert Avanes, Vice President, Financial Planning and Analysis, has been appointed Interim Chief Financial Officer and Treasurer effective January 24, 2019. To ensure a seamless transition, Mr. Ghose will serve for a year as an ongoing advisor to Reading.
Mr. Avanes joined Reading in 2007 and has held a variety of positions of increasing responsibility on the Company's finance team, including: Senior Director of Financial Planning and Analysis; Director of Financial Planning and Analysis; Senior Finance Manager; and his current position of Vice President, Financial Planning and Analysis. Prior to joining Reading, Mr. Avanes served in various finance and accounting roles over the course of a decade at Toronto-Dominion Bank Financial Group. Mr. Avanes received his M.B.A. from Laurentian University and a Bachelor of Commerce in Accounting from Ryerson University, Toronto.
Reading International, Inc. is an entertainment and real estate company. The Company is engaged in the development, ownership, and operation of cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. The Companyâs segments are Theatrical Motion Picture Exhibition (Cinema Exhibition), and Real Estate. The Cinema Exhibition segment is engaged in cinema experiences for its guests through hospitality-styled comfort and service, state-of-the-art cinematic presentation, designed venues, curated film, and event programming, and crafted food and beverage options. The Companyâs Real Estate segment is engaged in the real estate business through the development and its ownership and rental or licensing to third parties of retail, commercial, and live theatre assets. Its commercial brands include Reading Cinemas, Consolidated Theatres, Angelika Film Center, State Cinema, Angelika Anywhere, 44 Union Square, Newmarket Village, and Cannon Park.