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6/23/2008

Dothan, Ala. Movie Gallery Inc. said its chief merchandising officer has resigned, a month after the movie-rental company emerged from bankruptcy, according to the Birmingham Business Journal.

Bo Loyd resigned his post as executive VP and chief merchandising officer.

Sherif Mityas, Movie Gallery's COO and president of retail operations, will assume Loyd's responsibilities, the report said.

The company did not disclose how long Loyd had been with the company. Mityas joined the company earlier this month, the report said.

In May, the company emerged from Chapter 11 bankruptcy protection and announced a new CEO, C.J. "Gabe" Gabriel.

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