( BW)(IWERKS-ENTERTAINMENT)(IWRK) Iwerks Entertainment names former Caesars World executive Bruce C. Hinckley as CFO
Business & Entertainment Editors
BURBANK, Calif.--(BUSINESS WIRE)--Sept. 23, 1996--Roy A. Wright, Iwerks Entertainment co-chairman and chief executive officer, Monday announced the appointment of Bruce C. Hinckley, 49, to the position of chief financial officer of the multisensory-attractions leader. Hinckley's appointment is effective immediately. As chief accounting officer for more than 10 years of Caesars World Inc., a gaming and hospitality company with revenues in excess of $1.4 billion and approximately 10,000 employees, Hinckley has diversified international and domestic financial-management and accounting experience. Caesars World was acquired last year by ITT Corp. ``Bruce's experience at Caesars World and his prior career posts as CFO with other midsize and small companies makes him the ideal candidate for Iwerks,'' said Wright. ``I am impressed by his strategic insight and team-oriented attitude. The entire Iwerks team welcomes Bruce's contributions to our continued quest to chart new territories in quality family entertainment.'' ``In my 13 years in the gaming and leisure industry, I have seen the power of Iwerks attractions,'' said Hinckley. ``I look forward to joining Roy's team and helping to raise the Iwerks brand to new levels.'' Burbank-based Iwerks Entertainment is one of the world's leading producers of high-tech, multisensory experiences such as ride simulation; 2D and 3D giant-screen theaters; 360-degree video dance clubs; interactive, virtual-reality theaters; and other immersive attractions. Serving prestigious entertainment, information and marketing providers, Iwerks attractions can be found worldwide at: location-based entertainment centers, amusement parks, family entertainment centers, shopping centers, casinos, resorts, nightclubs, restaurants, museums, fairs, festivals ... and just about any place where the public's demand for excitement and total-body entertainment is satisfied by an Iwerks experience.
Forward-Looking Statement Disclosure
Iwerks Entertainment's common stock is traded on the Nasdaq National Market under the symbol IWRK. With exception of the historical information, the matters discussed above include forward-looking statements that involve risks and uncertainties. The important factors that could cause actual results to differ from those indicated in the forward-looking statements are discussed in the company's recent filings with the Securities and Exchange Commission on Form 8-K, 10-Q and 10-K. -0-
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