KIMBERLY SNYDER NAMED PANAVISION® CEO

Woodland Hills, Calif., November 13th, 2012 – Kimberly Snyder was named today as a Board Member, President, and Chief Executive Officer of Panavision, Inc., one of the film industry's most storied and innovative companies.

"Kim is a well-known leader in the entertainment industry, and we are thrilled that she is joining Panavision,” said Panavision Board of Directors member Joe Matza. “Kim has a track record that demonstrates her remarkable talent and leadership skills, and I look forward to working with her as Panavision expands its global business and while continuing the customer-driven track record of innovation for which the company is famous.”

Before joining Panavision, Ms. Snyder was President and General Manager of Kodak’s Entertainment Imaging Division, responsible for all aspects of Kodak’s business with the motion picture and television industry.

“Panavision is an industry leader, passionately committed to excellence in customer service and innovation”, said Snyder. “I’m honored to join the Panavision team and look forward to leading the company as we strive to serve the needs of cinematographers, production companies, and studios around the world in new and exciting ways.”

Dominique Mielle, Managing Director and Senior Portfolio Manager of Panavision equity investor Canyon Capital Advisors, said, “We are excited to have Kimberly on board not only because of her extensive industry experience, but also because of her strategic view of business and future technology.”

Bob Davenport, Senior Managing Director of Panavision equity investor Cerberus Capital Management added, “Kim is a great fit for Panavision, and her leadership will help the company accelerate innovation and continue its intense focus on executing day in and day out for its customers.”