Doug Putman
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 40 |
| Date of birth | March 1,1984 |
| Zodiac sign | Pisces |
| Born | Ancaster |
| Hamilton | |
| Canada | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1491095 |
Doug Putman Life story
Douglas Robert Putman is a Canadian business executive. Putman is the owner and chief executive officer of the music retailer Sunrise Records, the President of Everest Toys and the owner of hmv UK.
Wilko rescue deal failed because of greed, claims HMV boss
... Canadian billionaire Doug Putman said firms, including some landlords, had been " super inflexible" and made a deal " literally impossible"...
Wilko brand set to be bought by The Range in £5m deal
... The billionaire owner of HMV, Doug Putman, hoped to keep as many as 300 Wilko shops open, but his bid failed and no other bidders were interested in running the shops under the Wilko name...
First Wilko store closures begin on Tuesday
... Doug Putman, the billionaire owner of music retailer HMV, had tabled a bid to buy up to 300 Wilko shops but it fell through as rising costs complicated the deal...
Wilko rescue deal fails sparking huge job loss fears
... The billionaire owner of HMV, Doug Putman, planned to keep up to 300 Wilko shops open, but his bid failed as rising costs complicated the deal...
Wilko shops set to close next week named
... Rival B& M has agreed a £13m deal for up to 51 of Wilko s buildings, but the fate of the brand and a further 300 stores remains uncertain, with a bigger rescue package put forward by HMV s Doug Putman understood to have been held up due to funding issues...
One in 12 jobs to go at collapsed retailer Wilko
... However, the fate of a further 300 stores remains uncertain, with a deal tabled by HMV s owner, Doug Putman, understood to have stalled due to funding issues...
Wilko deal to buy firm and save jobs falls through
... But it is understood that PwC, which is overseeing the sale of Wilko, is still in talks with HMV owner Doug Putman about a deal...
Coronavirus: It is very exciting, the return to work
... buyer, the owner, Doug Putman...
Wilko rescue deal failed because of greed, claims HMV boss
By Dearbail JordanBusiness reporter, BBC News
The owner of HMV has claimed greed prevented his rescue bid for Wilko from going ahead, which could have potentially saved thousands of jobs.
Canadian billionaire Doug Putman said firms, including some landlords, had been " super inflexible" and made a deal " literally impossible".
Wilko collapsed in August leaving 12,000 workers facing redundancy.
Lisa Wilkinson , Wilko's former chair and granddaughter of The Founder , will face MPs on Tuesday over its demise.
The Business and Trade Committee will question Ms Wilkinson over The Family 's decision to take millions of pounds worth of dividends out of Wilko.
She and Wilko's former chief executive, Mark Jackson , will also be asked about what attempts were made to save the retailer and whether crucial advice was ignored.
Mr Putman, who rescued HMV UK in 2019, told The Bbc 's Today programme that when saving businesses it is important to be given access to their IT system for around four months to allow a transition to a New System .
" But for those four months, the amount of money that the companies want to charge made the Wilko deal literally impossible to do and that was something that was found out really late in The Game , " He Said .
" One of The Landlords where the servers were stored, I think the facility was A Million square feet and the servers were in this tiny little room and they wanted rent on the whole million square feet for us to be able to keep the servers.
" So I would say everyone just got a little bit greedy and unfortunately weren't thinking about the 10,000-plus jobs that would have been saved and were only thinking about their little piece of it. "
Mr Putman was speaking after he last week.
Related TopicsSource of news: bbc.com
Doug Putman Photos
