UPDATED: Game chief marketing officer Dave Hughes it to leave the retailer as it enters into a consultation with staff at its head office, putting about 46 jobs in jeopardy.
Hughes joined the struggling games specialist in April from Marks & Spencer.
Game said in a statement: “It is with regret that Dave Hughes will be leaving Game at the end of March.
“Dave has made a huge contribution to the progress of key elements of the Group’s strategy over the last year, overseeing the re-launch of the Game.co.uk website, a significant increase in ecommerce market share, and the evolution of our CRM strategies.”
The move comes as Games navigates its way through a tough market. Retail-week.com revealed last week the retailer is aiming to sell its overeas operations. First round bids are due in on Friday to Rothschild, which is handling the process.
The retailer is conducting a restructure that will also result in “around 46 fewer roles” at its central support centre in Basingstoke.
Game said: “Our proposed new structure will change the way that we operate and will enable us to be significantly more efficient in our relationships with suppliers and customers. We are giving our full help and support to the colleagues who are affected by these proposed changes.”
The retailer said the restructure reflects the growth of its multi-channel operations and the progress of its Dedicated to Gaming strategy.
The restructure has resulted in Tricia Brennan becoming chief commercial officer, with responsibility for all of customer offerings and supplier partnerships. She will work with the commercial, marketing and supply chain teams to “deliver a market leading proposition across all of channels”.
Tom Devine will become channel director, with responsibility for our store and ecommerce operations.
The changes come into effect immediately.
On Friday Game revealed that its banks had granted it breathing space after they agreed to revise the terms of the game specialist’s banking facilities.
The retailer now expects loss before tax and non recurring items for the year to the end of last month will be around £18m. The revised support of its lenders means it should now meet its covenant test.