Imax Corporation has appointed Richard Intrator to the newly created position of president, Imax Enterprises and executive vice president, Imax Ltd.

New York-based Imax Ltd handles the administrative side of the giant-screen company's business. Imax Enterprises, a new subsidiary, will be devoted to new business development.

Intractor was most recently managing director and group head of PaineWebber's media investment banking unit. A 20-year investment banking veteran, he has held senior positions at Kidder, Peabody, The Lodestar Group, Columbia Pictures, when the studio was owned by Coca-Cola and ABC.