MUMBAI: Imax Filmed Entertainment chairman and president Greg Foster has renewed his employment agreement and will remain with the company for three additional years.

Based at Imax’s Santa Monica office since 2001, Foster’s primary responsibility is overseeing all aspects of the company’s global filmed entertainment activities, including creative, production, film distribution, business affairs, marketing, sponsorship, studio relationships and the revolutionary Imax DMR process.

"We are delighted that Greg will continue to lead IMAX’s filmed entertainment division and serve as an integral part of our entire organization. Greg has played a key role in IMAX’s success, in particular with building our studio and filmmaker relationships which enable great 2D and 3D Hollywood content into IMAX theatres, and we believe he will continue to be an essential contributor as IMAX continues to evolve in the years ahead," said Imax CEO Richard L. Gelfond.

"The last nine years have been the most exciting ride of my professional life. It’s been incredibly gratifying to work with my colleagues to help build and grow the IMAX business into what it is today. Working with our talented studio and exhibitor partners, as well as visionary filmmakers, makes my role at IMAX a rewarding and

exciting adventure and I look forward to continuing the adventure in the years ahead," added Foster.