The Channel logo

News

By | Paul Kunert 4th October 2011 16:29

Systemax fills hole left by shamed US boss

David Sprosty to don the cursed hat of Fiorentino

Systemax has hired former Best Buy exec David Sprosty as the CEO of its Technology Products division in North America, finally filling the role that was vacated by shamed exec Gilbert Fiorentino earlier in the year.

The responsibilities were assumed on a short-term basis by Systemax vice-chairman Robert Leeds after long-serving big cheese Fiorentino was suspended in April following whistleblower allegations relating to the company's Miami operations.

Fiorentino resigned the following month and remains the subject of an SEC investigation into the matters surrounding his departure from the firm, which owns the Misco, WStore, Tiger Direct and CompUSA brands.

CEO Richard Leeds said that Sprosty - previously CEO at Best Buy Mobile and managing partner at retail consultancy The ROIG Group - expected the addition to beef up the Tech Products Group.

"We believe the technology group will continue to execute on its current initiatives and grow into an even stronger contender within the consumer and business-to-business electronics sectors," said Leeds. ®

alert Send corrections

Opinion

Tim Worstall

Or why the reversal of globalisation ain't gonna 'appen
The full Spanglish breakfast: mealy pudding, bacon, black pudding, sausages, fried egg, toast
Blood image

Trevor Pott

Can the storage giant overcome a lack of necessary leadership?

Chris Mellor

Why overlapping kit from a merger equals a disaster in waiting

Features

No, silly... he was the fall guy for years of Finnish folly
Fraud image
Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that