More heads have rolled — we mean executives have left — ShopHQ.
The No. 3 home shopping network said that Chief Operating Officer Carol Steinberg and Chief Merchandising Officer Annette Repasch were “no longer” with the channel, effective this past Monday, according to a filing Tuesday with the Securities and Exchange Commission.
Both executives are eligible to be paid a severance in accordance with ShopHQ’s change-of-control provisions, the filing said.
“The company will be commencing a search for a new Chief Merchandising Officer utilizing the services of a nationally recognized search firm, Karen Harvey Consulting,” ShopHQ said.
CEO Keith Stewart was the first to leave once a dissident shareholder group won control of the network.Advertisements