MILWAUKEE, Wis.--(BUSINESS WIRE)--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.
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.
