Vue Names Ian Fraser As Chair Former Kwik Fit CEO Ian Fraser is the new Non-Exec Chairman of British cinema chain Vue. He succeeds Stella David, who is exiting to run gambling biz Entail. Fraser is currently working for infrastructure business M Group Services, but is best known as CEO of car servicing business Kwik Fit and COO of Orange UK.
He takes up his new post on June 1, leading a non-exec board also including Katrina Cliffe, Henry Birch and Tom Singer and working alongside Vue CEO Tim Richards, CFO Alison Cornwell and COO Matt Eyre. Vue recently underwent a debt restructuring that saw about £50M ($63.5M) of debt converted into equity.
This came after The Hollywood labor strikes, which hit cinema operators hard. However, the likes of Dune: Part Two and Kung Fu Panda 4 have helped the sector bounce back in 2024. UK-based Vue has well over 200 multiplexes in Europe and Taiwan.
Related Stories News BAFTA-Winning 'Sixth Commandment' Star Timothy Spall Leading BBC Comedy-Drama 'Death Valley' Festivals Vue CEO Tim Richards On The Company's "Accelerated" Move Into Distribution, Using AI To Program Films & The Narrowing Gap Between Multiplex And Art House Cinemas -- Cannes BBC Studios Adds To Exec Team BBC Studios, the commercial wing of the BBC, has hired Susannah Clark as Chief Communications and Marketing Officer. She also joins the executive committee when she begins the newly-created role in August, reporting to CEO Tom Fussell. Clark joins from fashion platform Farfetch,.