HMV appoints new chief executive

HMV Group plc has today announced the appointment of Trevor Moore, who replaces Simon Fox as chief executive.

Trevor Moore joins from Jessops where he was chief executive until recently and he has a strong track record in consumer-facing businesses including HSBC and Whitbread.

Simon Fox has decided to leave HMV after six years as chief executive. He will remain in the post until Trevor Moore takes over on 3rd September.

HMV chairman Philip Rowley 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."