Peace Arch Entertainment Announces Resignation of Gerry Noble as Chief Executive Officer
04 Mai 2009 - 11:00PM
Business Wire
Peace Arch� Entertainment Group Inc. (AMEX:PAE) (Toronto:PAE.TO)
today announced that Gerry Noble has resigned as the Company�s
Chief Executive Officer, effective immediately. The Company plans
to name a new CEO shortly.
�With the recent sale of its Home Entertainment division, I
believe Peace Arch is now well situated to grow its core businesses
of domestic television production and worldwide motion picture
licensing,� Noble commented.
�We appreciate the role Gerry has played in helping the Company
refocus on its key operations and wish him the best of luck in his
future endeavors,� said Peace Arch Chairman Robert Essery.
About Peace Arch Entertainment Group Inc.
Peace Arch Entertainment produces and acquires feature films,
television and home entertainment content for distribution to
worldwide markets. For additional information, please visit
www.peacearch.com.
Forward-Looking Statements
This press release includes statements that may constitute
forward-looking statements, usually containing the words "believe,"
"estimate," "project," "expect," or similar expressions. These
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements inherently involve risks and uncertainties that could
cause actual results to differ materially from the forward-looking
statements. These risks include, but are not limited to, that the
synergies and financial impact of the joint venture may not be
realized, the competitive position of the joint venture may not be
maintained, Peace Arch may not realize the anticipated benefits of
the joint venture and other risks detailed on Peace Arch�s periodic
report filings with the Securities and Exchange Commission. There
can be no assurance that such statements will prove to be accurate
and actual results and future events could differ materially from
those anticipated in such statements. By making these
forward-looking statements, Peace Arch undertakes no obligation to
update these statements for revisions or changes after the date of
this release.
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