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HMV CEO Ian Topping to step down

By | Published on Friday 6 April 2018


HMV CEO Ian Topping is to step down from the role later this year. He took up the position in 2013, when the entertainment retailer was acquired by Hilco after the somewhat dramatic collapse of the old HMV plc business.

According to a statement from Hilco, Topping is leaving to focus on “a variety of part time challenges”, but will stay on at HMV for the next six months in order to ensure a smooth transition.

Hilco’s Executive Chair Paul McGowan says: “We have been pleased with our investment in HMV and the ability of the management team to deliver strong performances against a very challenging market backdrop. We would like to thank Ian Topping for the leading role he has played in implementing this process over the last five years”.

As Topping’s planned departure was announced, so too were a number of promotions. Retail Director Neil Taylor becomes Managing Director with immediate effect. Meanwhile, Rudy Osorio becomes Commercial Director and Patrizia Leighton moves up to Marketing Director.