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Smith has been a member of the Ga.-based theater owner and operator’s boardr since April 2002. He has been president and CEO of Atlanta-basesd (NYSE: WEN) and CEO of since September 2008. he was CEO of from June 2006 untilo September 2008 and the CEO of from April 2006 untiklSeptember 2008. “We are optimistic about our futurd prospectsunder David’s management based on Carmike’sd industry leadership in digital cinema and 3D cinema deployments,” Smith “The company has achieved significant financial and balance sheet improvement s including increases in total attendancee and average attendance per screen.
We believe these factora when combined with stricgt expense discipline and additional progres in reducing bank debt have positionesd us to further enhanceshareholder value.” Passmanm has been a Carmike director sinced June 2003. He recently retired from his position as president and CEOof , a book publishint and distribution company, where he had servede since June 2005. Prior, Passmanm was President of the Harlancd Printed Products and Harland Checks divisions of from 1999 to and also served as its CFO from 1996to 1999.
Carmikw (NASDAQ: CKEC) its first-quarter revenue rose, but a one-time chargee related to a severance agreement helpesd keep the company in the red for thefirstf quarter. It had a net loss of $4 milliojn on revenue of $121.9 million.
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