
Marcus Corporation (NYSE:MCS) today announced that Rajiv W. Castellino, chief technology officer of Marcus Hotels &amp; Resorts, has been promoted to chief information officer of Marcus Corporation. Castellino will

<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.marcuscorp.com%2Foverview%2Fdefault.aspx&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus+Corporation&amp;index=1&amp;md5=6bacdcdc3aee3c66b75a579f3c7fc669" shape="rect">Marcus Corporation</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MCS">MCS</a>) today announced that Rajiv W. Castellino, chief technology officer of Marcus Hotels &amp; Resorts, has been promoted to chief information officer of Marcus Corporation. Castellino will assume the role on August 2, 2026, succeeding Kim M. Lueck, who will retire as chief information officer on August 1, 2026, after nearly 30 years with the company.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Rajiv has consistently aligned technology strategies to drive revenue, improve efficiency, and strengthen the long-term success of Marcus Hotels &amp; Resorts," said Gregory S. Marcus, chief executive officer of Marcus Corporation. "I am confident he will bring the same focus and discipline as he assumes leadership of our enterprise-wide technology strategy and infrastructure. Congratulations to Rajiv for this well-deserved promotion."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Castellino began his career at Marcus Hotels &amp; Resorts in 2017 as chief technology officer. In this role, he oversaw the technology direction of the division, leading the infrastructure and network engineering teams and eventually assuming greater responsibility for marketing technology support and development. With more than 30 years of technology experience in the hospitality industry, Castellino previously served as chief information officer at Great Wolf Resorts, Inc. where he oversaw information technology management and technology brand standards, as well as served in various technology leadership roles at other hospitality management companies earlier in his career.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Castellino holds a master’s degree in management information systems from the University of Dallas in Irving, Texas, a master’s degree in marketing from Symbiosis Institute of Business Management in India, and a bachelor’s degree from Ferguson College of the University of Pune in India.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Marcus Corporation</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Headquartered in Milwaukee, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcuscorp.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus+Corporation&amp;index=2&amp;md5=98fd5a0e2a23e85ae3da79a8344077a3" shape="rect">Marcus Corporation</a> is a leader in the entertainment and hospitality industries, with significant company-owned real estate assets. Marcus Corporation’s theatre division, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcustheatres.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus+Theatres%26%23174%3B&amp;index=3&amp;md5=d9b4ff91005387555de144a7c3d2de27" shape="rect">Marcus Theatres<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup></a>, is the fourth largest theatre circuit in the U.S. and currently owns or operates 975 screens at 77 locations in 17 states under the Marcus Theatres, Movie Tavern<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> by Marcus and Bistro<i xmlns="http://www.w3.org/1999/xhtml">Plex</i><sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> brands. The company’s hospitality division, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcushotels.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus%26%23174%3B+Hotels+%26amp%3B+Resorts&amp;index=4&amp;md5=fc9d3dac237060c357c97e4e7570a3a4" shape="rect">Marcus<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Hotels &amp; Resorts</a>, owns and/or manages 17 hotels, resorts and other properties in eight states. For more information, please visit the company’s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcuscorp.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=www.marcuscorp.com&amp;index=5&amp;md5=ca4357ac385554e00686b6abdb8f111c" shape="rect">www.marcuscorp.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we "believe," "anticipate," "expect" or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the risks described in our filings with the Securities Exchange Commission. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260728026864r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260728026864/en/" rel="nofollow">https://www.businesswire.com/news/home/20260728026864/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
For additional information, contact:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Investors: Chad Paris
<br xmlns="http://www.w3.org/1999/xhtml"></br>(414) 905-1100
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investors@marcuscorp.com" shape="rect">investors@marcuscorp.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media: Megan Hakes
<br xmlns="http://www.w3.org/1999/xhtml"></br>(414) 788-6599
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Megan.hakes@hprstrategies.com" shape="rect">Megan.hakes@hprstrategies.com</a>

</p>

Marcus Corporation Promotes Rajiv W. Castellino to Chief Information Officer

Marcus Corporation Names Castellino CIO, signals enterprise-wide tech focus

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Marcus Corporation (NYSE:MCS) today announced that Rajiv W. Castellino, chief technology officer of Marcus Hotels &amp;amp; Resorts, has been promoted to chief information officer of Marcus Corporation. Castellino will</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Marcus Corporation named Rajiv W. Castellino as chief information officer, effective August 2, 2026, following Kim Lueck&#039;s retirement on August 1. Castellino, former CTO of Marcus Hotels &amp; Resorts, brings 30+ years in hospitality technology to the role overseeing enterprise-wide strategy for theatres and hotels. The move may drive tech-driven efficiency and revenue opportunities, though no near-term earnings impact is disclosed.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Marcus promotes Rajiv Castellino to chief information officer.</li><li>Effective August 2, 2026; Kim Lueck will retire August 1, 2026.</li><li>Castellino leads enterprise-wide tech strategy with 30+ years in hospitality tech.</li><li>Marcus Theatres: 975 screens, 77 locations; Marcus Hotels &amp; Resorts: 17 properties.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Marcus Corporation (MCS)</strong>: Primary subject; leadership change could affect IT strategy and enterprise efficiency.</li><li><strong>Great Wolf Resorts (N/A)</strong>: Castellino previously CIO there; adds hospitality-IT credibility but no direct market impact.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Leadership change at the CIO level could shape IT strategy and cost-efficiency across Marcus&#039; theatre and hotel operations, with potential longer-term implications for margin and capital allocation.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>CIO appointment may influence enterprise-wide technology strategy across Marcus businesses.</li><li>No immediate financials disclosed; impact hinges on execution of tech initiatives.</li><li>Large asset footprint (975 screens; 17 hotels) provides runway for technology upgrades.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Rajiv W. Castellino promoted to chief information officer; August 2, 2026 effective date.</li><li>Kim M. Lueck to retire as CIO on August 1, 2026 after nearly 30 years with Marcus.</li><li>Castellino previously served as chief technology officer at Marcus Hotels &amp; Resorts since 2017.</li><li>Marcus Theatres owns/operates 975 screens at 77 locations in 17 states.</li><li>Marcus Hotels &amp; Resorts owns/manages 17 hotels, resorts, and properties in eight states.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>CIO transition could be modestly positive; monitor early tech-initiated efficiency signals over the next few quarters.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.marcuscorp.com%2Foverview%2Fdefault.aspx&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus+Corporation&amp;index=1&amp;md5=6bacdcdc3aee3c66b75a579f3c7fc669" shape="rect">Marcus Corporation</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MCS">MCS</a>) today announced that Rajiv W. Castellino, chief technology officer of Marcus Hotels &amp; Resorts, has been promoted to chief information officer of Marcus Corporation. Castellino will assume the role on August 2, 2026, succeeding Kim M. Lueck, who will retire as chief information officer on August 1, 2026, after nearly 30 years with the company.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Rajiv has consistently aligned technology strategies to drive revenue, improve efficiency, and strengthen the long-term success of Marcus Hotels &amp; Resorts," said Gregory S. Marcus, chief executive officer of Marcus Corporation. "I am confident he will bring the same focus and discipline as he assumes leadership of our enterprise-wide technology strategy and infrastructure. Congratulations to Rajiv for this well-deserved promotion."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Castellino began his career at Marcus Hotels &amp; Resorts in 2017 as chief technology officer. In this role, he oversaw the technology direction of the division, leading the infrastructure and network engineering teams and eventually assuming greater responsibility for marketing technology support and development. With more than 30 years of technology experience in the hospitality industry, Castellino previously served as chief information officer at Great Wolf Resorts, Inc. where he oversaw information technology management and technology brand standards, as well as served in various technology leadership roles at other hospitality management companies earlier in his career.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Castellino holds a master’s degree in management information systems from the University of Dallas in Irving, Texas, a master’s degree in marketing from Symbiosis Institute of Business Management in India, and a bachelor’s degree from Ferguson College of the University of Pune in India.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Marcus Corporation</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Headquartered in Milwaukee, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcuscorp.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus+Corporation&amp;index=2&amp;md5=98fd5a0e2a23e85ae3da79a8344077a3" shape="rect">Marcus Corporation</a> is a leader in the entertainment and hospitality industries, with significant company-owned real estate assets. Marcus Corporation’s theatre division, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcustheatres.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus+Theatres%26%23174%3B&amp;index=3&amp;md5=d9b4ff91005387555de144a7c3d2de27" shape="rect">Marcus Theatres<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup></a>, is the fourth largest theatre circuit in the U.S. and currently owns or operates 975 screens at 77 locations in 17 states under the Marcus Theatres, Movie Tavern<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> by Marcus and Bistro<i xmlns="http://www.w3.org/1999/xhtml">Plex</i><sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> brands. The company’s hospitality division, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcushotels.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=Marcus%26%23174%3B+Hotels+%26amp%3B+Resorts&amp;index=4&amp;md5=fc9d3dac237060c357c97e4e7570a3a4" shape="rect">Marcus<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Hotels &amp; Resorts</a>, owns and/or manages 17 hotels, resorts and other properties in eight states. For more information, please visit the company’s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcuscorp.com%2F&amp;esheet=54578647&amp;newsitemid=20260728026864&amp;lan=en-US&amp;anchor=www.marcuscorp.com&amp;index=5&amp;md5=ca4357ac385554e00686b6abdb8f111c" shape="rect">www.marcuscorp.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we "believe," "anticipate," "expect" or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the risks described in our filings with the Securities Exchange Commission. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260728026864r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260728026864/en/" rel="nofollow">https://www.businesswire.com/news/home/20260728026864/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
For additional information, contact:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Investors: Chad Paris
<br xmlns="http://www.w3.org/1999/xhtml"></br>(414) 905-1100
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investors@marcuscorp.com" shape="rect">investors@marcuscorp.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media: Megan Hakes
<br xmlns="http://www.w3.org/1999/xhtml"></br>(414) 788-6599
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Megan.hakes@hprstrategies.com" shape="rect">Megan.hakes@hprstrategies.com</a>

</p>

Marcus Corporation named Rajiv W. Castellino as chief information officer, effective August 2, 2026, following Kim Lueck's retirement on August 1. Castellino, former CTO of Marcus Hotels & Resorts, brings 30+ years in hospitality technology to the role overseeing enterprise-wide strategy for theatres and hotels. The move may drive tech-driven efficiency and revenue opportunities, though no near-term earnings impact is disclosed.

News insight

Marcus Corporation Promotes Rajiv W. Castellino to Chief Information Officer

AI summary

Sentiment rationale

Key facts

Corporate Developments