SOADY EXITS SHOWSCAN
William Soady has resigned as president and CEO of Showscan, effective Feb. 28, the company announced Wednesday. Exec VP and chief financial officer Dennis Pope will be stepping into the post, while Soady retains a place on the board of directors.
Soady came aboard the publicly traded ride-film company in 1994 after a six-year tenure as distribution chief at TriStar. He undertook a reorganization of the company, which supplies films and simulation theaters to theme parks and other venues, such as the Cinemani at Universal Studios Citywalk.
The company stock closed Wednesday at $4.125, up from a low of $3.625 on Jan. 31.
