HMV’s Simon fox will step down as CEO after six years at the company.
HMV Group today announced that Fox’s successor would be former Jessops CEO Trevor Moore, who has a track record in consumer facing businesses including HSBC and Whitbread.
Fox will remain in the role until September 3rd to ensure a ‘smooth handover’.
"I am proud to be leaving HMV with a profitable future secured. The appointment of Trevor Moore means that I will be leaving the Company in safe hands," commented Fox.
Philip Rowley, HMV Chairman, said: "On behalf of the Board, I want to thank Simon for his contribution to HMV. He has led the Company through a turbulent period for the entertainment retailing industry and has played an invaluable part in securing HMV’s future, not least by strengthening relations with suppliers and successfully refinancing HMV’s bank borrowings.
"We are delighted to have recruited someone of Trevor’s calibre. He has the right skills and experience to lead HMV in the coming years."
Trevor Moore said: "HMV is a great company and a fantastic brand and I look forward to building on its position as the UK’s leading entertainment retailer."
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