blockbusters keyes adds cstore alumni

CEO hires on two former 7-Eleven executives to round out management team.

Blockbuster Inc.’s Chief Operating Officer Nick Shepherd has revealed that he will be leaving the company at the end of September, and two former 7-Eleven Inc. executives are coming on board.

Blockbuster Chairman and CEO Jim Keyes will be bringing on old 7-Eleven comrades Keith Morrow to join Dallas-based Blockbuster as chief information officer, and David Podeschi to join the company as senior vice president of merchandising, distribution and logistics.

Both worked with Keyes when he was at the helm of 7-Eleven, a Dallas-based convenience store chain.

Morrow most recently was the chief information officer and senior vice president of information systems at 7-Eleven, where he oversaw the company’s North American information technology activities. Podeschi most recently was senior vice president of merchandising and logistics at 7-Eleven.

“(Morrow and Podeschi’s) extensive experience in their respective fields, their creative approach to providing business solutions and their proven leadership skills should greatly contribute to our efforts to transform Blockbuster into a brand that can deliver media content to consumers in an ever growing variety of ways,” Keyes said.

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