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Gallery Ups Johnson to CFO

1 Mar, 2007 By: Jessica Wolf

Movie Gallery has named Thomas D. Johnson as EVP and CFO for the No. 2 rental chain.

Johnson has been serving as interim CFO since June 2006 in addition to fulfilling his responsibilities as SVP of Corporate Finance and Business Development. With this promotion, he will oversee Movie Gallery's finance department and will continue to manage the Company's financial objectives and business development efforts.

“Thomas's strong finance background and extensive knowledge of Movie Gallery's business make him the best candidate to serve as our CFO,” said Joe Malugen, chairman, president and CFO of Movie Gallery. “He has been instrumental in improving the company's financial flexibility and positioning Movie Gallery to deliver renewed growth and profitability for our shareholders.”

Johnson, 43, has nearly twenty years of finance and business leadership experience. He joined Movie Gallery in April 2004 from Russell Corporation where he led the company's investor relations program. Prior to Russell, Johnson directed investor relations for Wolverine Tube, Inc., Blount International, Inc. and KinderCare Learning Centers, Inc.

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