Mooky Greidinger

Moshe "Mooky" Joseph Greidinger (born December 1952) is an Israeli businessman, and the chief executive officer (CEO) of Cineworld, the world's second largest cinema chain.[2][3] Together with his brother Israel, they own 29% of the company. he was previously CEO of Cinema City International. His family have had interests in the cinema business since the 1930s.

Mooky Greidinger
Born
Moshe "Mooky" Joseph Greidinger

1953/1954 (age 66–67)[1]
NationalityIsraeli
EducationHebrew University of Jerusalem
OccupationBusinessman
Home townHaifa, Israel
TitleCEO, Cineworld
Parent(s)

Early life

Moshe Greidinger was born in December 1952. He studied economics at the Hebrew University of Jerusalem in Israel.[4] His mother was Dahlia Katzenelbogen-Katz (1926-1979), a scientist who helped develop the country's chemical industry. His father was Coleman Kenneth "Kenny" Greidinger, and the grandson of Moshe Greidinger and his wife Rebecca Chissick, who emigrated from Romania, and had business interests in food, shipping and property.[1] He first invested in the Ein Dor cinema in Hadar, Haifa, in 1930, before opening the Armon cinema in Haifa in 1935.[1] He died in 1946, and his son Kenny Greidinger expanded the cinema business.[1]

Career

In May 2014, Greidinger joined the board of directors of Cineworld as CEO, having previously been CEO of Cinema City International.[5]

Cinema City International was a company founded by his grandfather, also Moshe Greidinger, and Europe's third largest cinema operator, until its takeover by Cineworld in 2014, after which Cinema City owned 24.9% of the combined Cineworld group.[6] In 2020, Cineworld was to have become the world's largest cinema chain (ahead of AMC Theatres), with over 11,000 screens, after it was due to buy Canada's Cineplex Entertainment for US$2.1 billion.[1] However, on 12 June 2020 Cineworld abandoned the takeover before the end of June deadline, citing "certain breaches" of contract, and there is likely to be a legal battle.[7]

As of January 2020, Mooky Greidinger and his brother Israel Greidinger, who is deputy CEO of the company, own 29% of Cineworld.[1] According to a Globes article of January 2020, "Those who know the Greidingers say they are not so much consumed with making money as becoming the world's number one cinema chain."[1]

Personal life

Greidinger lives in Haifa, Israel.[1] His son Idan has a management position in the company.[1]

References

  1. "First Haifa, then Tel Aviv, then the world". en.globes.co.il. 5 January 2020.
  2. "Our Board". Cineworld.
  3. Tartaglione, Nancy; Tartaglione, Nancy (6 April 2020). "Cineworld Boss Mooky Greidinger On Coronavirus Impact, Staying Optimistic & Why Overseas Markets Will Need Domestic To Open Before Ramping Into Action".
  4. "Cinema City". web.archive.org. 28 July 2011.
  5. "Our Board". Cineworld. Retrieved 17 June 2020.
  6. "UK group to merge with Cinema City International". Polskie Radio dla Zagranicy.
  7. "Cineworld scraps $2.8-billion takeover of Canada's Cineplex, setting up legal battle". CBC. 12 June 2020. Retrieved 23 June 2020.
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