Ellis Jacob

Ellis Jacob CM (born 1954) is a Canadian business executive who serves as the president and chief executive officer of Cineplex Entertainment.

Ellis Jacob
Born1954 (age 6566)
NationalityCanadian
Alma materMcGill University
Schulich School of Business
York University
OccupationPresident and CEO of Cineplex Entertainment
Years active1987-present
Spouse(s)Sharyn Jacob[1]
ChildrenLauren Jacob[2]

Since 1987, he has been involved in the movie theatre industry. He was the founder of Galaxy Entertainment Inc. in 1999 and has been the President and CEO of Cineplex Galaxy since November 2003. Under his leadership, he opened several movie theatres along with the expansion of arcades, restaurants and e-sports.

Early life

Jacob was born in 1954 in Calcutta, West Bengal to Jewish parents, Raymond and Tryphosa.[3][4] He and his family immigrated to Canada in 1969 to attend his sister's wedding and remained there since.[5]

Career

Early years

His first career as a businessperson began at Ford Motor Company of Canada and Motorola.[6][7]

Cineplex Odeon Corporation

Ellis Jacob's entry into the film exhibition business took place in October 1987 when he joined Cineplex Odeon Corporation as its chief financial officer.[7] Under his role, he helped bring the upstart movie chain back from the brink by 1993, and was promoted to chief operating officer in 1996.[7]

In 1998, he left Cineplex Odeon after the company merged with Loews Theatres to form Loews Cineplex Entertainment.[2]

Galaxy Cinemas and Cineplex Entertainment

After leaving Cineplex Odeon, Jacob served as the head of integration of Alliance Atlantis who merged two companies in 1998.[8] Shortly in October 1999, Jacob and Gerry Schwartz (CEO of Onex Corporation) founded Galaxy Cinemas with their mission to build 20 theatres in small and medium-sized cities across Canada.[9]

On November 26, 2003, Jacob became the CEO of the newly merged Cineplex Galaxy Income Fund which consisted of Galaxy Cinemas and the Canadian assets of the restructured Loews Cineplex which brought the chains to 86.[8][10] In June 2005, Cineplex Galaxy acquired Famous Players from National Amusements, under Jacob's watch, doubled its size.[11]

Since the 2010s, Jacob began expanding several concepts beyond movie theatres such as the launch of The Rec Room and foraying into eSports such as WorldGaming Network.[12][13]

Personal life

Jacob is married to Sharyn, who has a daughter named Lauren.[1][2] He speaks Hindi, English and many other dialects.[5]

On March 14, 2013, Jacob opened the family theatre in his honor at the Baycrest Health Sciences in North York. His mother, who passed away in 2010, was a resident there.[4]

Awards and honors

References

  1. "Supplier Spotlight" (PDF). www.healthsourceplus.com. 2007. Retrieved 2020-01-25.
  2. "The dame stays in the picture" via The Globe and Mail.
  3. "Jacob Family Theatre opens in Baycrest Health Sciences centre | The Star". thestar.com. 14 March 2013.
  4. "Info". www.baycrest.org. Retrieved 2020-01-25.
  5. "3 things you may not know about… Ellis Jacob".
  6. "PressReader.com - Your favorite newspapers and magazines". www.pressreader.com.
  7. Ph.D, Tim Jackson (October 5, 2016). "Interview with Ellis Jacob of Cineplex (Part 1/2): Leading with values, while staying ahead of…". Medium.
  8. "New theatre chain debuts".
  9. "Cineplex.com | Information". www.cineplex.com.
  10. "Cineplex CEO Ellis Jacob on secrets to a successful merger". www.canadianbusiness.com.
  11. "Entertainment and eats emporium the Rec Room opens in Toronto". Toronto Star. July 1, 2017. Retrieved July 1, 2017.
  12. "Why Cineplex is betting big on eSports" via The Globe and Mail.
  13. General, Office of the Secretary to the Governor. "Mr. Ellis Jacob". The Governor General of Canada.
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