BOSTON (Thomson Financial) - Handleman Co. on Wednesday named Albert A. Koch
as president and chief executive.
Koch succeeds Stephen Strome, who is retiring after nearly 30 years with the
company.
Koch currently serves as vice chairman and managing director of
AlixPartners, an international financial advisory firm, and chairman of Polar
Corp., a provider of tank products and services.
Shares of Handleman, a Troy, Mich.-based category manager and distributor of
prerecorded music, rose 3.1% to $2.02.
Casey Logan
cl/jw
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|