An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Austin M. Ramirez Elected to The Marcus Corporation Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
The Marcus Corporation (NYSE: MCS) announced the election of Austin M. Ramirez as a director. Ramirez is CEO of Husco, a global manufacturing firm, known for its leadership skills within Milwaukee’s business community. Under his guidance, Husco grew by over 300% and gained recognition as a Global Growth Company. Ramirez's experience includes a White House fellowship and roles at McKinsey & Company. His background in strategic planning and finance is expected to bolster Marcus Corporation’s growth initiatives. This management change is perceived as a strategic move to enhance leadership and identify new growth opportunities.
Positive
Austin M. Ramirez brings strong leadership and strategic expertise from his role as CEO of Husco.
Ramirez's past success at Husco, growing it by over 300%, indicates potential for similar growth strategies at Marcus Corporation.
Negative
Concerns regarding continuity in leadership experience could arise with Ramirez's induction into the board.
MILWAUKEE--(BUSINESS WIRE)--
The Marcus Corporation (NYSE: MCS) today announced that Austin M. Ramirez has been elected as a director of the company. Ramirez is the chief executive officer at Husco, a global engineering and manufacturing company.
Austin M. Ramirez, director at The Marcus Corporation (Photo: Business Wire)
“Austin is known for his business acumen and strong leadership throughout the greater Milwaukee business, civic and education communities,” said Stephen H. Marcus, chair of The Marcus Corporation. “His expertise in strategic planning, corporate finance and economics will be assets to our board and management team as we continue our focus of identifying opportunities to foster growth and innovation while maintaining a strong balance sheet.”
Under his leadership, Husco has grown more than 300 percent and was designated a Global Growth Company by the World Economic Forum and recognized as Wisconsin Manufacturer of the Year. In 2016, Ramirez served as a White House Fellow on the National Economic Council of both the Obama and Trump administrations. Prior to joining Husco, Ramirez served as a business analyst for McKinsey & Company, Inc.
Ramirez is currently a director for the Association of Equipment Manufacturers, the Kern Family Foundation, National Association of Manufacturers and Old National Bank. He is also co-chair of City Forward Collective and co-chair and founder of Democracy Found, and chair-elect of the Metropolitan Milwaukee Association of Commerce. In addition, Ramirez is co-founder of St. Augustine Preparatory Academy, a high-performing K4-12 non-denominational Christian school in Milwaukee.
Ramirez received a bachelor’s degree in economics and systems engineering from the University of Virginia. He also holds a master’s degree in business administration from Stanford University.
About The Marcus Corporation
Headquartered in Milwaukee, 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®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 1,053 screens at 84 locations in 17 states under the Marcus Theatres, Movie Tavern® by Marcus and BistroPlex® brands. The company’s lodging division, Marcus®Hotels & Resorts, owns and/or manages 16 hotels, resorts and other properties in eight states. For more information, please visit the company’s website at www.marcuscorp.com.
