More changes at HMV

Product director Steve Gallant has left the company with immediate effect, having served in the role since moving to HMV in September 2002 from Universal Music. Simon Peck is appointed as his replacement, bringing with him experience gained over 15 years of service.

Liam Donnelly will broaden his current role as human resources director to take full responsibility for business strategy to review current business plans and formulate long term strategies. He has five years’ experience as an HMV board director.

The vacant role of operations director is now to be advertised internally and externally, with current managing director Steve Knott overseeing the role until a replacement is found.

The 2005 financials proved to be hugely disappointing for the retailer, with operating profits falling from £15.7 million in 2004 to £2.8 million last year.

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