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Musicland Names New President

12 Sep, 2003 By: Holly J. Wagner

Musicland has named former Trans World Entertainment president and COO Michael J. Madden president. “Mike will be responsible for the operations of the company's 1,100 stores in the divisions of Sam Goody, Suncoast and Media Play,” said Eric Weisman, Musicland's recently appointed CEO. “His extensive retail experience, strong leadership style and excellent industry reputation will support our strategic objectives at the store level.”

Madden has been consulting for Musicland for the past two months. He brings retail experience, including 20 years with Sav-On parent American Stores Corp.; 13 years with Toys “R” Us, where he served as president from 1996 to 1999; and two years as president and COO of Trans World Entertainment.

Since 2001 he has operated his own consulting, sales and marketing business. He will report to Weisman.

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