For those of you who put their money on longtime Cinépolis executive Eduardo Acuna becoming the Chief Executive Officer of Cineworld as it emerges from bankruptcy as a restructured company, well, congratulations. Cineworld’s lenders have officially proposed Acuna take over the role, formerly held by Mooky Greidinger.

This is a smart move for Cineworld, the world’s second largest movie theatre chain, as Acuna is a very well respected exhibition executive who has been working in the industry for decades. Acuna, who is fluent in at least three languages, has been the President of Cinépolis Americas since 2015. He began his career at Cinépolis in 2005 and worked his way up the corporate ladder. In his current role, he heads all operations for Cinépolis in 11 countries across North America and South America. Previously, Acuna served as President and CEO of Cinépolis Brazil. He began his career in consulting and banking with positions at McKinsey & Company in Mexico and Argentina, Goldman Sachs in New York and the Bank of Mexico. Acuna currently serves on the Board of Directors at Global Cinema Federation and The Cinema Foundation.

To be sure, it is perfectly understandable that Cinépolis might be disappointed to lose a seasoned executive such as Acuna, though we would suggest that Cinépolis should feel proud at having enabling the continued growth of its senior management, something the exhibitor has gained a deservedly solid reputation for allowing.