Blockbuster CFO Has Left The Building

With the countdown clock still ticking on what many see as Blockbuster Video’s inevitable bankruptcy filing, comes news that the once-great movie rental company’s Chief Financial Officer and Executive Vice-President (one guy, two titles) stepped down over the weekend.

Blockbuster didn’t make a formal announcement about the departure of CFO Thomas Casey, who had been with the company for three years. Instead, the exit was only mentioned in a filing earlier today with the Securities and Exchange Commission. According to the filing, Casey’s last day was Sept. 11 and he exited the gig with a lump sum bonus of $100,000 and $7,000 in relocation expenses.

Casey’s replacement has already been named: Dennis McGill, CFO of Safety-Kleen.

Blockbuster’s Chief Financial Officer and Exec Vice President, Tom Casey, Has Called It Quits [Dallas Observer]

Blockbuster Filing For Bankruptcy In September
10 Companies That Were Once Great But Now Kinda Suck
Comcast & Blockbuster Try To Double-Team Netflix With DVDsByMail
More People Getting DVDs From Library Than From Netflix Or Redbox