I have to give AMC CEO and Chairman of the Board, Adam Aaron, credit where credit is due, there may not be many other CEO's and Chairman of the board like him!!! Oh and AMC's biggest individual share holder, with shares given never purchased.
In all sincerity, I do have to tip my hat to AMC CEO and Chairman of the Board Adam Aaron. I am sure its happened before, I don't think its very common though, for someone to be hired as CEO, later also being Chairman of the Board, and the largest individual share holder. All at a company he neither founded, nor purchased, not to mention no record of profitability or success.
Its really impressive if you think about it, this man is in control of AMC, and has more to gain from AMC rise than any other individual, and he is a HIRED CEO. Through Wanda divestment, he became the Chairman of the Board, which puts him in control of everything. Short of board removal and/or action from shareholders, he has cemented his place, only he can replace himself, only he can be critical of himself, and only he can decide AMC's future and fate...
It's pretty impressive!!! I would think you would have to either found a company or purchase one, becoming its largest share holder through acquisition or share purchase, or some impressive business success in revue, profits, etc, not simply through being the CEO. The shares Adam has were given to him, and seems more coming, or came, or will come; he never purchased any. Adam never put any of his own money into AMC, instead AMC money goes into Adam's bank account. Back in 2015, he was hired as AMC CEO, and since then has just taken over AMC bit by bit. The claim to feel pain is a bit funny, what pain? Missing reward for nothing? I think the reward thus far, being in control of AMC and its largest share holder is pretty damn impressive enough, given the at minimum lackluster performance. No dying business would choose him, much less a successful one; AMC is likely his last gig.
Its hard to fault the market for bashing AMC stock price. Yes it does hurt retail way more than any other. But if AMC MOASS, or has a legit evaluation, Adam Aaron stands to benefit more than anyone else, from a company he never founded, nor purchase, just ran, arguably into the ground!!!
IMPRESSIVE!!! For real, this is some legendary gangster kind of shit!!! Trivializes the gangsters making bank of AMC debt!!!
Posted Apr 15, 2025, 7:30 PM UTC