HMV appoints new bean counter
HMV Group, the music and entertainment retailer which recently announced the departures of its Chief Executive Officer and Finance Director, has poached Ian Kenyon from Best Buy Europe to fill the latter role.
HMV Group, the music and entertainment retailer which recently announced the departures of its Chief Executive Officer and Finance Director, has poached Ian Kenyon from Best Buy Europe to fill the latter role.
Kenyon will join the company on September 3rd from Carphone Warehouse, where he has been Chief Financial Officer of Best Buy Europe, a joint venture between US electronics retailer Best Buy and UK hand-held devices seller Carphone Warehouse, since 2008.
Before that he was Group Finance Director of Carpetright for three years and prior to that held senior finance roles at J Sainsbury, Kingfisher and St Ives.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Ian Kenyon succeeds David Wolffe, who will remain in the post until Kenyon arrives to ensure a smooth handover, the firm said.
Wolfe's departure followed hot on the heels of the exit of Simon Fox, who quit on August 2nd as Chief Executive of the debt-laden retailer after six year at the helm. Fox was succeeded by turnaround specialist Trevor Moore, who had previously been boss of Jessop's, the camera shop chain.
The share price fell 7.14% to 3.25p by 10:22. The shares are down over 36% in the past year, and as recently as 2009 were trading above 140p.
NR
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Reeves warned against property tax shake-up – 3 ways it could backfire on first-time buyers
Rachel Reeves reportedly has her eye on high-end property taxes in the upcoming Budget, but there are concerns a shake-up could unintentionally hamper those trying to get on the housing ladder
-
Average Brits want to retire five years before they can – who has the widest retirement gap?
Brits are expecting to work for longer than ever but there are big disparities in the number of extra working years predicted. A small tweak could help close the gap