VHQ Restructures Management2 Jan, 2003 By: Hive News
Canadian retailer VHQ Entertainment Inc. is restructuring its management team at the behest of its new board of directors.
At the most recent shareholder meeting held Nov. 27, 2002, Trevor M. Hillman, Catherine J. McDonough, Peter A. Lacey, Timothy J. Sebastian and Gordon R. Hillman were elected to serve as directors.
The board has since approved of the appointment of Gordon Hillman as the chairman of the board. Trevor Hillman has resigned from that post and will resume his former position as president and CEO. Gregg Johnson resigned as the president and COO.
“The board of VHQ would like to thank Gregg Johnson for his many years of valuable service to VHQ. We wish him success in his future business endeavors,” said a statement from the board.
Gordon Hillman is the president of Hillman Holdings Ltd., a private property development company based in Red Deer, Alberta. Previously, he owned and operated a chain of 23 video stores in Alberta, which he sold to a U.S. company. Trevor Hillman founded VHQ in 1997 and has overseen its expansion into a chain of 49 wholly owned video and home entertainment retail stores.