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COMPANY TOWN ANNEX

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<i> Times Staff and Wire Reports</i>

Wherehouse Entertainment Appoints New CEO: The Torrance-based company named Jerry E. Goldress, its president and chief operating officer, to the added posts of chairman and chief executive. He was also named a director. Wherehouse Entertainment Inc. said Goldress replaces Scott Young, who resigned as chairman and CEO and as a director. Young and the board had a “difference of opinion” with “respect to the future direction and operating strategy for the company,” a company statement said.

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