London (March 26, 2018) – Arts Alliance Media (AAM) is pleased to announce the appointment of Patrick Foley as our new CEO, as a result of the planned departure of John Aalbers.
Following the successful sale of AAM to Luxin-Rio late last year, John decided it would be an appropriate time to hand over the reins in order to pursue a number of other interests and opportunities.
Mr. Jiang Dong, Chairman of Luxin-Rio, said “Under John’s leadership and vision, Arts Alliance Media has become the pre-eminent software provider to the cinema industry. We are looking forward to the significant opportunities Arts Alliance Media has within the Luxin-Rio group under Pat’s steadfast leadership.”
Pat has been with Arts Alliance Media for over 12 years. He joined as Chief Financial Officer and two years ago, took up the position of Chief Operating Officer. He was instrumental in the development of AAM’s VPF solution and helped drive the recent investment efforts that led to AAM being acquired by Luxin-Rio.
Pat commented, “I am delighted to be given the opportunity to stand at the helm of a company I have dedicated so much of my time to developing. Digital cinema is currently undergoing a major transformation with VPF coming to an end, unique innovations changing the cinema going experience, and new technologies driving increased reliability and efficiency. I look forward to leading AAM forward and helping our customers across the world in these exciting times.”
Pat formally undertook CEO responsibilities as of March 2018 and is replaced as Chief Operating Office by Rachel Dixon, formerly the Programme Director at Arts Alliance Media.