Marcus Corporation (NYSE: MCS) names new Marcus Theatres president
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
The Marcus Corporation announced a planned leadership transition at its Marcus Theatres division. Mark A. Gramz will retire as President of Marcus Theatres on May 1, 2026, after a 55-year career with the company. He will continue serving as an advisor in an independent contractor role after his retirement.
Jeffry F. Tomachek, currently executive vice president and chief financial officer of Marcus Theatres, will be promoted to President of Marcus Theatres effective as of the retirement date. The company notes his long tenure since 1998 and broad operational and financial experience. Marcus Theatres is described as the fourth-largest theatre circuit in the U.S., with 985 screens at 78 locations in 17 states.
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8-K Event Classification
3 items: 5.02, 8.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Gramz tenure: 55 years
Retirement date: May 1, 2026
Screens operated: 985 screens
+3 more
6 metrics
Gramz tenure
55 years
Length of Mark A. Gramz’s career with Marcus Corporation
Retirement date
May 1, 2026
Effective retirement date for Mark A. Gramz as president of Marcus Theatres
Screens operated
985 screens
Marcus Theatres screens owned or operated in the U.S.
Theatre locations
78 locations
Marcus Theatres locations across the United States
States with theatres
17 states
Number of states where Marcus Theatres owns or operates screens
Hotels and properties
16–17 properties
Hotels, resorts and other properties owned and/or managed by Marcus Hotels & Resorts
Key Terms
forward-looking statements, Private Securities Litigation Reform Act of 1995, advisor in an independent contractor capacity, National Association of Theatre Owners, +1 more
5 terms
forward-looking statements regulatory
"Certain matters discussed in this press release are “forward-looking statements” intended to qualify"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995"
advisor in an independent contractor capacity financial
"Mr. Gramz will continue to act as an advisor to the Company in an independent contractor capacity"
National Association of Theatre Owners other
"He is actively involved in the National Association of Theatre Owners of Wisconsin and Upper Michigan"
emerging growth company regulatory
"Emerging growth company o Item 5.02 Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
| Date of Report | |||||||||||
| (Date of earliest event reported): | |||||||||||
(Exact name of registrant as
specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code)
(414 ) 905-1000
(Registrant’s telephone number, including area code)
| Not Applicable | ||
| (Former name or former address, if changed since last report) | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17-CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17-CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 23, 2025, Mark A. Gramz informed The Marcus Corporation (the “Company”) of his intent to retire as the President of Marcus Theatres, effective as of March 31, 2026. Subsequently, on April 7, 2026, the Company announced that Mr. Gramz would instead retire on May 1, 2026 (the “Retirement Date”). Until the Retirement Date, Mr. Gramz has, and will continue to, serve as President of Marcus Theatres on a full-time basis in his current officer position. After the Retirement Date, Mr. Gramz will continue to act as an advisor to the Company in an independent contractor capacity.
Item 8.01 Other Events.
On October 30, 2025, the Company issued a press release announcing Mr. Gramz’s retirement. In connection with Mr. Gramz’s retirement, the Company also announced on April 7, 2026, that Jeffry F. Tomachek will be appointed as the President of Marcus Theatres effective as of the Retirement Date. Mr. Tomachek currently serves as the Chief Financial Officer of Marcus Theatres.
A copy of the initial press release announcing Mr. Gramz’s retirement is filed with this Current Report on Form 8-K as Exhibit 99.1 and a copy of the second press release announcing the Company’s President of Marcus Theatres succession plans is filed with this Current Report on Form 8-K as Exhibit 99.2.
Item 9.01.Financial Statements and Exhibits.
(a)Not applicable.
(b)Not applicable.
(c)Not applicable.
(d)Exhibits. The following exhibit is being furnished herewith:
Exhibit Number | |||||
| 99.1 | Press Release of The Marcus Corporation, dated October 30, 2025, regarding the retirement of Mark A. Gramz as President of Marcus Theatres. | ||||
| 99.2 | Press Release of The Marcus Corporation, dated April 7, 2026, regarding the retirement of Mark A. Gramz and appointment of Jeffry F. Tomachek as President of Marcus Theatres. | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE MARCUS CORPORATION | ||||||||
| Date: April 30, 2026 | By: | /s/ Thomas F. Kissinger | ||||||
| Thomas F. Kissinger | ||||||||
| Executive Vice President, General Counsel and Secretary | ||||||||
Exhibit 99.1
MARCUS CORPORATION ANNOUNCES MARK A. GRAMZ TO RETIRE
MILWAUKEE, October 30, 2025…Marcus Corporation (NYSE: MCS) today announced that Mark A. Gramz, president of Marcus Theatres, will retire on March 31, 2026, following a distinguished 55 years with the company. A national search has begun to identify the next leader of the nation’s fourth largest movie theatre circuit, with both internal and external candidates being considered. Gramz will serve as an advisor to the company upon his retirement, sharing his vast operational insight and institutional knowledge, as well as ensuring a successful transition to the next generation of leadership.
“One of the hallmarks of our company is the many associates who have built long, satisfying careers with us, with Mark at the very top of that list. His is a great story, having literally worked his way from a ticket taker to president of the division. I know I speak for all our associates in sharing our gratitude for Mark’s dedication and for his many contributions to making the moviegoing experience at Marcus Theatres so special. He has been an exemplary leader every step of the way,” said Gregory S. Marcus, chief executive officer of Marcus Corporation.
Gramz rose to his current leadership role from an entry level job as a part-time associate while still in high school. He continued to work his way up the ranks starting as a general manager, eventually leading the Milwaukee market as a district director. Eventually he joined the corporate team in 1990, where he served in various operational leadership positions before his eventual promotion to president of Marcus Theatres in 2022.
Gramz holds bachelor’s degrees in economics and business – finance from the University of Wisconsin – Milwaukee. He currently serves on various trade association boards, including Cinema United’s government relations committee and advisory board, as well as various regional cinema trade
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associations, including serving as president of the Wisconsin and Upper Michigan state cinema trade association. In addition to his leadership and achievements, Gramz was honored for his impactful philanthropic efforts with the Salah M. Hassanein Humanitarian Award from ShowEast in October 2024.
“Not many can say they grew up in the movie business, but I am one of the lucky ones,” said Gramz. “It has been an incredible career working alongside Ben Marcus, Steve Marcus, Greg Marcus, our experienced leadership team and our dedicated associates to deliver memorable movie moments for our guests. As I look forward to this new chapter, I remain wholly focused on continuing to support Marcus Theatres and Marcus Corporation in continuing their long legacy of innovation and success.”
About Marcus Corporation
Headquartered in Milwaukee, Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. Marcus Corporation’s theatre division, Marcus Theatres®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 985 screens at 78 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.
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Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we “believe,” “anticipate,” “expect” or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the risks described in our filings with the Securities Exchange Commission. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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Exhibit 99.2
JEFFRY F. TOMACHEK PROMOTED TO PRESIDENT OF MARCUS THEATRES
MILWAUKEE, April 7, 2026…Marcus Corporation (NYSE: MCS) today announced that Jeffry F. Tomachek, chief financial officer of Marcus Theatres, will be promoted to president of Marcus Theatres. Tomachek will succeed Mark A. Gramz, who will retire as president of the fourth largest movie theatre circuit in the nation on May 1, 2026, after 55 distinguished years with the company.
“Following a thorough national search for this critical role, it became abundantly clear that the combination of Jeff’s financial acumen, operational expertise, strategic mindset, and long history with our company set him apart as the best candidate,” said Gregory S. Marcus, chief executive officer of Marcus Corporation. “He is deeply passionate about the moviegoing experience and intently focused on driving performance across all facets of the division. We congratulate Jeff on his well-deserved promotion and look forward to continuing to work with him in this new capacity as we create memorable movie moments for years to come.”
Tomachek began his career at Marcus Theatres in 1998 as division controller. Over nearly three decades with the company, Tomachek was promoted into various roles with increasing leadership responsibility in areas such as accounting, finance, design, construction, real estate, food and beverage strategy, and marketing. In 2020, he was named executive vice president and chief financial officer. Earlier in his career, Tomachek was director of finance at Golden Books Family Entertainment in Racine, Wisconsin.
Tomachek holds a bachelor’s degree in finance from the University of Wisconsin-Whitewater and an MBA from Marquette University. He is actively involved in the National Association of Theatre Owners of Wisconsin and Upper Michigan and a supporter of several local organizations such as Variety – The Children’s Charity of Wisconsin.
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About Marcus Corporation
Headquartered in Milwaukee, Marcus Corporation is a leader in the entertainment and hospitality industries, with significant company-owned real estate assets. Marcus Corporation’s theatre division, Marcus Theatres®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 985 screens at 78 locations in 17 states under the Marcus Theatres, Movie Tavern® by Marcus and BistroPlex® brands. The company’s hospitality division, Marcus® Hotels & Resorts, owns and/or manages 17 hotels, resorts and other properties in eight states. For more information, please visit the company’s website at www.marcuscorp.com.
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Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we “believe,” “anticipate,” “expect” or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the risks described in our filings with the Securities Exchange Commission. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
For additional information, contact:
Investors: Chad Paris
(414) 905-1100
investors@marcuscorp.com
Media: Megan Hakes
(414) 788-6599
Megan.hakes@hprstrategies.com
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FAQ
What leadership change did Marcus Corporation (MCS) announce at Marcus Theatres?
Marcus Corporation announced that Mark A. Gramz will retire as president of Marcus Theatres on May 1, 2026, after 55 years with the company. Jeffry F. Tomachek, currently executive vice president and chief financial officer of Marcus Theatres, will be promoted to president effective on that date.
When will Mark A. Gramz retire from Marcus Theatres and what is his future role?
Mark A. Gramz will retire as president of Marcus Theatres on May 1, 2026. After retirement, he will continue supporting the company as an advisor in an independent contractor capacity, sharing his operational insight and institutional knowledge to help ensure a smooth leadership transition.
Who is Jeffry F. Tomachek, the incoming president of Marcus Theatres at Marcus Corporation (MCS)?
Jeffry F. Tomachek is currently executive vice president and chief financial officer of Marcus Theatres. He joined Marcus Theatres in 1998 as division controller and has held roles across finance, design, construction, real estate, food and beverage strategy, and marketing before being selected as the next president.
How large is Marcus Theatres, the division affected by this leadership transition at MCS?
Marcus Theatres is described as the fourth largest theatre circuit in the United States. It owns or operates 985 screens at 78 locations across 17 states, using the Marcus Theatres, Movie Tavern by Marcus, and BistroPlex brands, highlighting the scale of the division’s operations.
What experience does Mark A. Gramz bring to his advisory role after retiring from Marcus Theatres?
Mark A. Gramz has 55 years of experience with Marcus Corporation, starting as a ticket taker and rising through general management and corporate operational roles. He became president of Marcus Theatres in 2022 and will continue contributing his deep operational insight and institutional knowledge as an advisor after retirement.
What other businesses does Marcus Corporation (MCS) operate besides Marcus Theatres?
Marcus Corporation operates both entertainment and lodging businesses. Its Marcus Theatres division runs 985 screens at 78 locations in 17 states, while its Marcus Hotels & Resorts division owns and/or manages 16–17 hotels, resorts and other properties in eight states, supported by significant company-owned real estate assets.