TORONTO – Alliance Atlantis’ vice-president and CFO Judson Martin will be leaving the company by September of this year due to health reasons, the company announced this morning.
He will stay on through the summer, until a successor is in place, said chairman and CEO Michael MacMillan.
“Jud is a valued friend as well as a colleague and he will be missed, but as a friend, I know this is the right move, given his health concerns" said MacMillan in a release. "Jud has been a key participant in the transformation that has taken place here at Alliance Atlantis. He has made an enormous contribution by leading many of our major initiatives over the past few years including the creation of the Movie Distribution Income Fund, the restructuring of our Entertainment assets, and the refinancing of our balance sheet. Jud’s legacy to us and our shareholders will be the significant improvement in our financial strength and flexibility that will be the foundation for continued growth in shareholder value.
“We have asked Jud, and I am pleased to say that he has agreed, to remain in his role until his successor is in place, which we expect will occur by September 2005."
“This is the right decision for me and my family. I am proud to have had the opportunity to make a contribution to Alliance Atlantis,” said Martin. “I wish Michael, Phyllis and the rest of the company’s first class management team, continued success. I will remain in my current role until a successor has been installed and will be pleased to assist in the transition as appropriate. Thereafter, I will also be available to assist the company with matters in which Michael would like my involvement."
