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Blockbuster Names New Board Member

26 May, 2006 By: Erik Gruenwedel

Blockbuster Inc. May 26 announced the appointment of veteran entertainment executive Jules Haimovitz to its board of directors, replacing the seat vacated by John Muething following his resignation in 2005.

Haimovitz, who is vice chairman and managing partner of Dick Clark Productions, was formally president of MGM Networks and, before that, was president and COO of TV syndication powerhouse King World Productions.

Haimovitz's position on the board includes an annual $100,000 cash and stock retainer fee, in addition to other related expenses.

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