Belgian cinema operator Kinepolis' CFO Nicolas De Clercq to step down (updated)

Kinepolis NV

30/03/2022 06:41

(Adds background, quotes)
    March 30 (Reuters) - Belgian cinema operator Kinepolis Group
 KIPO.BR  said on Wednesday its finance chief Nicolas De Clercq
would step down as he seeks "a new professional challenge".
    De Clercq, who had previously worked for Dutch staffing
company USG People, among other organisations, was appointed as
Kinepolis' Chief Financial Officer 10 years ago.
    "We have (...) worked together for a long time, in
particular on the implementation of our expansion strategy and
in managing the impact of COVID-19 on our business," Kinepolis'
Chief Executive Officer Eddy Duquenne said in a statement.
    "Although the last two years have not been easy, we have
managed to get through this period, remaining financially
healthy," De Clercq said, citing what had been "a great ride"
with Kinepolis.
    De Clercq will remain in office until the end of May to
ensure a smooth transition, the group said, adding it would
provide more details once the selection process to recruit a
news CFO has been completed.

 (Reporting by Juliette Portala, Editing by Muralikumar
Anantharaman and Rashmi Aich)
 ((juliette.portala@tr.com ; +48 587 696 607))