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March 30, 2021–IMAX Corporation (NYSE: IMAX) today announced that
Bradley Wechsler has notified the Company he will step down as Chairman
of the Board of IMAX at the Company's annual shareholders meeting (AGM)
on June 9, 2021, after nearly 30 years of service to the Company. IMAX's
Board of Directors will select a new Chairman to be announced shortly
after the Company's AGM. Mr. Wechsler has been Chairman or Co-Chairman
of IMAX's board since 1994 when he and Richard L. Gelfond acquired the
Company. Mr. Wechsler and Mr. Gelfond served as Co-Chief Executive
Officers from 1996 to 2009 when Mr. Gelfond took on the role of sole
CEO.