<\/p>\n
Specialty distributor Fathom Entertainment announced Wednesday that CEO Ray Nutt plans to step down from the company and retire later this year. Nutt, an exhibition vet who has served as chief executive officer for the past nine years, will play an active role in helping the board of directors find a replacement.<\/p>\n
\u201cI\u2019m very anxious to finish my time at Fathom, giving my input to ensure that we get the right leader moving forward,\u201d Nutt told Variety<\/em>. \u201cI\u2019m excited about that because whoever does get the position, in my opinion, is going to be a very lucky person with tons of runway ahead of them to do all the things that Fathom deserves moving forward.\u201d<\/p>\n More from Variety<\/strong><\/p>\n Why now? \u201cI\u2019ve played a lot of athletics in my day and, and I\u2019ve always known in my own heart when it\u2019s time to move on to the next thing,\u201d Nutt said.<\/p>\n Fathom Entertainment is a joint venture of the three largest exhibition companies: AMC Entertainment, Cinemark and Regal. Among its biggest successes are the faith-based series \u201cThe Chosen,\u201d \u201cCoraline\u201d rereleases and an annual slate of classic film revivals.<\/p>\n AMC chairman and CEO Adam Aron praised Nutt for \u201cfurther strengthening [Fathom\u2019s] position as the leading force in alternative theatrical experiences, broadening the scope of content available to AMC guests.\u201d<\/p>\n \u201cRay Nutt\u2019s longtime leadership of Fathom Entertainment has delivered meaningful benefits to AMC, the broader theatrical exhibition industry, and, most importantly, moviegoers nationwide,\u201d Aron said.<\/p>\n Added Cinemark\u2019s president and CEO Sean Gamble, \u201cThroughout his career, Ray Nutt has been a well-respected advocate for theatrical exhibition, and his work at Fathom Entertainment has played an important role in bringing a wide range of non-traditional stories and events to movie theaters. His leadership at Fathom helped steer a valuable part of the industry ecosystem, expanding opportunities to experience alternative programming on the big screen and connecting theaters with new and diverse audiences.\u201d<\/p>\n Nutt was previously senior VP of business relations at Regal, where he served on the board of Fathom.<\/p>\n Over the past two years, Nutt has overseen the company\u2019s evolution from Fathom Events, which handled 150 different events a year, to Fathom Entertainment, which releases around 100 titles a year, some with runs of a week or more. Nutt said the change in philosophy came about after COVID.<\/p>\n \u201cA\u00a0little thing called the pandemic set the whole industry back, but it also caused us to take a step back,\u201d Nutt said. \u201cThe best way I saw to\u00a0grow\u00a0the company was to move a little bit further away from the event side of the business and into the feature presentation side of the business. So about two years ago, we set off an adventure to do\u00a0so,\u00a0and\u00a0we\u2019ve\u00a0had a lot of success doing that.\u201d<\/p>\n Among Fathom\u2019s titles for this year is Laika\u2019s \u201cWildwood,\u201d coming to theaters in October.<\/p>\n \u201cWe have a business model that incentivizes and motivates all parties \u2014 exhibition, Fathom and content partners \u2014 by splitting box office revenues,\u201d Nutt said.<\/p>\n \u201cServing as Fathom Entertainment\u2019s chief executive officer for these past nine years of transformational growth at the company has been an honor, a privilege, and the professional opportunity of a lifetime after my near four-decade career in the theatrical movie business,\u201d said Nutt. \u201cI wish to thank the unparalleled leadership team at Fathom, our talented and hard-working employees at Fathom for their unwavering commitment and dedication, and the Board for the opportunity and support.\u201d<\/p>\n Best of Variety<\/strong><\/p>\n Sign up for Variety’s Newsletter<\/a>. For the latest news, follow us on Facebook<\/a>, Twitter<\/a>, and Instagram<\/a>.<\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Specialty distributor Fathom Entertainment announced Wednesday that CEO Ray Nutt plans to step down from the company and retire later this year. Nutt, an exhibition vet who has served as chief executive officer for the past nine years, will play an active role in helping the board of directors find a replacement. \u201cI\u2019m very anxious […]<\/p>\n","protected":false},"author":2,"featured_media":2345538,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[40035,350547,455022,441481,455023],"class_list":["post-2345537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-amc-entertainment","tag-fathom-entertainment","tag-nutt","tag-ray-nutt","tag-theatrical-exhibition"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/03\/Fathom-Entertainment-CEO-Ray-Nutt-to-Retire-Search-for-Replacement.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2345537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2345537"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2345537\/revisions"}],"predecessor-version":[{"id":2345539,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2345537\/revisions\/2345539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2345538"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2345537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2345537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2345537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}