People and Business: HMV shake-up

A SENIOR man at Boots is moving down the high street to head up Waterstone's, part of a boardroom shake-up at HMV Media Group. David Kneale joins HMV as managing director of Waterstone's from the Boots Company, where he is managing director for international retail development.

The move follows the departure of the current chief executive at HMV Media, Stuart McAllister, due to ill health.

Mr McAllister headed HMV Media since it was created by a management buyout last March. Alan Giles, who was running the group with Mr McAllister as well as managing Waterstone's, becomes sole chief executive.