Movie Gallery Names New CEO, Exits Bankruptcy

Dothan, Ala. Movie Gallery Inc. named C.J. Gabriel Jr. as president and chief executive. He succeeds founder Joe Malugen.

Gabriel was previously executive VP of marketing, merchandising and supply chain management at grocery chain Albertsons Inc.

In related news, Movie Gallery said it has exited Ch. 11 bankruptcy protection after completing its restructuring requirements.

Movie Gallery, which says it has almost 3,500 stores in all 50 states, said in April that it would shut 160 more stores in a third and final round of closings. It already had closed 920 stores in the past year.

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