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HMV CEO Simon Fox exits

Tim Ingham
Simon Fox HMV CEO

HMV CEO Simon Fox will leave the retail business after six years next month.

HMV Group today announced the appointment of Trevor Moore as Chief Executive as Fox's successor.

Moore joins from Jessops where he was CEO until recently. He has a track record in consumer facing businesses including HSBC and Whitbread.

According to an HMV statement to investors: "Simon Fox has decided to leave HMV after six years as CEO. He will remain in post until Trevor Moore arrives on 3 September to ensure a smooth handover."

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."

Simon Fox said: "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."

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Tags: HMV, Simon Fox

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