hhgregg Appoints Robert Riesbeck as President and Chief Executive Officer
August 01 2016 - 1:45PM
Business Wire
hhgregg, Inc. (NYSE:HGG) announced today that Robert Riesbeck
has been appointed President and Chief Executive Officer of
hhgregg. Mr. Riesbeck was appointed Interim President and Chief
Executive Officer of hhgregg in February 2016. Mr. Riesbeck will
remain in the role of Chief Financial Officer until a replacement
is appointed.
Prior to joining hhgregg in 2014, Mr. Riesbeck served as
Operations Executive/Group CFO at Sun Capital Partners, where he
was responsible for financial and operations oversight of a diverse
group of portfolio companies with combined revenues exceeding $5
billion. Prior to that, Mr. Riesbeck was CFO of Marsh Supermarkets.
Prior to this, Mr. Riesbeck was CFO of American Golf Corporation
and also previously held business-unit COO and CFO roles at Nike,
Inc. Mr. Riesbeck began his career with Grant Thornton LLP.
Mr. Riesbeck commented, “I am very excited to be appointed the
President and CEO. Over the past six months, we have made progress
toward our top company goal of driving sales growth through our
focus on appliances, furniture and large, premium television. The
team we put in place over the last 12 months will continue to build
on this momentum to achieve our company's growth and profitability
goals and drive the long-term shareholder value of hhgregg.”
About hhgregg
hhgregg is an appliance, electronics and furniture retailer that
is committed to providing customers with a truly differentiated
purchase experience through superior customer service,
knowledgeable sales associates and the highest quality product
selections. Founded in 1955, hhgregg is a multi-regional retailer
currently with 226 stores in 20 states that also offers
market-leading global and local brands at value prices nationwide
via hhgregg.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160801006069/en/
hhgregg, Inc.Lance Peterson, 317-848-8710Director, Finance &
Investor Relationsinvestorrelations@hhgregg.com
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