Effective on June 6, 2017, hhgregg, Inc. terminated the employment of each of Robert J. Riesbeck, the Chief Executive Officer and President of the Company; Tom Schuetz, the Chief Information Officer of the Company; and Aaron Trahan, the Chief Merchandising Officer of the Company. On June 6, 2017, Robert J. Riesbeck also tendered his resignation as a director on the Board of Directors of the Company. As a result of the resignation of Mr. Riesbeck, the size of the Board was reduced to two directors.
Effective June 7, 2017, the Board appointed Kevin J. Kovacs, the Chief Financial Officer of the Company, to serve as the President and Chief Executive Officer of the Company in addition to his role as Chief Financial Officer of the Company, until his resignation or removal.
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. 
