hhgregg, Inc. board of Directors of the company determined to reduce its size to three members as the Company takes the necessary steps to liquidate the assets of the Company and its subsidiaries as part of the Company’s reorganization proceedings under Chapter 11 of the United States Bankruptcy Code. As a result, on April 10, 2017, each Michael Andretti, Gregory M. Bettinelli, William P. Carmichael, Lawrence P. Castellani, Kenneth J. Kocher, John M. Roth, Peter M. Starrett and Kathleen C. Tierney resigned as a director of the Company effective as of that date. The Board appointed Robert J. Riesbeck, the Chief Executive Officer and President of the Company, to serve as a director on the Board until his resignation or removal. Benjamin D. Geiger and Catherine A. Langham will remain on the Board of Directors of the Company. Mr. Geiger and Ms. Langham will serve on the Audit Committee, Nominating and Corporate Governance Committee and Compensation Committee.
hhgregg, Inc. is an online retailer that operates a retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, which operates stores in approximately 20 states. The Company offers a range of products categories, which include mobiles, computers and office, cameras and video, electronics, pro audio, home and kitchen. Its mobile products include cellphones and accessories, and wearable technology. Its computer products include desktops, laptops, hardware, telephones, and office accessories. The Companyâs electronics products include global positioning systems (GPS) and auto, television, home theater, audio headphones, and gaming. Its pro audio products include microphones, pro headphones, studio recording, audio systems, speakers, audio components, portable audio, and musical instruments. Its home and kitchen products include kitchen utensils, luggage, and bags. It offers global and local brands across the nation through hhgregg.com.
HHGREGG, INC. 