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JEFFREY J. STEDMAN NAMED CHIEF FINANCIAL OFFICER FOR CINEMARK USA

 DALLAS, April 13 /PRNewswire/ -- Lee Roy Mitchell, CEO of Cinemark USA Inc., today named Jeffrey J. Stedman chief financial officer and vice president. He will be responsible for the company's financing activities including the current expansion into Mexico.
 Stedman joined Cinemark in 1989 as director of finance, a position he has held to the present. In that position he actively participated in securing Cinemark's $125 million public debt offering in 1992 and an $85 million bank credit facility in 1991.
 Prior to joining Cinemark, Stedman was employed by Deloitte & Touche. He is a Certified Public Accountant with a Masters degree in accounting and a BBA in finance from North Texas State University.
 Stedman replaces Steven Holmes who leaves Cinemark USA to join a golf development company.
 Dallas-based Cinemark USA is the sixth largest motion picture exhibitor in the United States, operating more than 1,000 screens nationwide.
 -0- 4/13/93
 /CONTACT: Elise Mahovlich, Oakley & Associates, Inc., 214-520-0033/


CO: Cinemark USA Inc. ST: Texas IN: ENT SU: PER

LD -- NY091 -- 5445 04/13/93 18:12 EDT
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Publication:PR Newswire
Date:Apr 13, 1993
Words:177
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