Two More ShopHQ Execs Exit The Network

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.

http://hsprod.investis.com/site/irwizard/vvtv/ir.jsp?page=sec_item_new&ipage=9765997&DSEQ=&SEQ=&SQDESC=

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.



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