hhgregg, Inc. announced that Dennis L. May will be leaving his role as President and Chief Executive Officer and as a Director of hhgregg to pursue other opportunities, effective immediately. In connection with Mr. May's resignation, Robert Riesbeck, the Chief Financial Officer of hhgregg, has been appointed Interim President and Chief Executive Officer. Mr. Riesbeck will continue to serve as Chief Financial Officer.
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.
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.