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Cineworld appoints audit chair as profits double

EXPERIENCED finance chief Julie Southern has been appointed to the board Cineworld Group, the UK’s largest cinema chain announced as it reported that its annual pre-tax profits more than doubled.

Southern, a former chief financial officer at Virgin Atlantic and Porsche Cars Great Britain, will become the chair of the audit committee following her appointment which will take effect from Cineworld’s AGM on 26 May.

She currently holds non-executive roles and is chairman of the audit committee at Rentokil-Initial and DFS Furniture.

“The business will greatly benefit from her experience and skill sets,” said Cineworld chairman Anthony Bloom.

At the same time, Cineworld said pretax earnings more than doubled to £67.3m. Salesrose 52.5% to £619.4m.

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