Retail Industry
Industry: Email Alert RSS FeedNot the last word.(Ultimate Electronics Inc. appointed Mark Wattles, Papa John's Pizza appointed Nigel Travis )
Video Business, February, 2005 by Sweeting, Paul
EXECUTIVE SUMMARY: * Former Hollywood chief Mark Wattles will apply his video retail knowledge to steer Ultimate Electronics toward profit. * Meanwhile, Blockbuster's ex-president Nigel Travis plans to use the connection between pizza and home entertainment to his advantage, after being.
named Papa John's CEO. One day after Blockbuster announced its hostile bid for Hollywood Entertainment, Hollywood announced the resignation of its chairman, CEO and founder, Mark Wattles. Of course, Wattles has another job, having been named chairman of Ultimate Electronics last month. So the coincidence in the timing of Blockbuster's announcement and Wattles' formal departure from Hollywood was likely just that--a coincidence. But I don't know that...
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