July 2, 2007 / 10:18 AM / 12 years ago

Blockbuster names James Keyes CEO

A Blockbuster store in an undated file photo. Video rental chain Blockbuster Inc. is set to name former 7-Eleven Chief Executive Jim Keyes as its new CEO, The New York Post reported on Monday. REUTERS/Handout

NEW YORK (Reuters) - Video rental chain Blockbuster Inc. BBI.N named on Monday James Keyes as its new chairman and chief executive to replace current CEO John Antioco.

Keyes was formerly president and CEO of convenience store chain 7-Eleven Inc. His appointment takes effect on Monday, Blockbuster said.

Antioco had planned to leave the company by the end of the year after a fight over compensation with Blockbuster’s board.

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