Midway chair Shari Redstone resigns
What a ride it's been for former Midway chairwoman Shari E. Redstone, who resigned late last Friday, a week after interim president and CEO Matt Booty was installed as a permanent fixture. "With my recent appointment to the Special Committee of the National Amusements Board of Directors, I am resigning from the Midway Board to focus on these responsibilities," explained Redstone in a press release. Of course, the National Amusements appointment can be viewed as a conveniently placed raft on which Redstone quietly drifts away from the sinking wreckage. But let's choose to remember the good times: the soaring winds across a fading sunset, Leo's soft grip.
Peter C. Brown replaces Redstone as Midway chairman of the board. Brown is also chairman, CEO and president of AMC Entertainment Inc.
