Cinemark Holdings, Inc. announced that Jay Jostrand has been promoted to Senior Vice President of Real Estate and will succeed Tom Owens, who will be retiring March 30, 2018. Mr. Jostrand will oversee all new and repositioned domestic theatre assets while seeking merger and acquisition prospects. Mr. Owens has agreed to provide consulting services to the Company for strategic opportunities following his retirement. Jay has had an extensive career in real estate development, as well as ownership and brokerage experience. During his 16-year tenure with Cinemark, he has been integral in securing locations for the Company’s significant domestic theatre growth and identifying locations for re-positioning with Luxury Lounger recliner seats.