Newegg, Inc. announced changes to its executive team. Effective February 18, 2012, Bob Bellack, the current President and CFO of Newegg North America, has been promoted to CEO of Newegg North America. Dr. S.C. Lee has assumed the role of Vice Chairman of Newegg North America. As CEO of Newegg North America, Mr. Bellack will be responsible for overall leadership and management of the company's North American operations. Prior to Newegg, Mr. Bellack held the dual role of CFO of the Los Angeles Times and President of Digital Media operations. Before his move to the LA Times, he co-founded Classified Ventures where he served as CFO, following several senior management positions at the Tribune Company. Dr. Lee has held key leadership roles within Newegg since joining the company in 2005 and has been instrumental in helping the company grow every single year. As Vice Chairman of Newegg North America, Dr. Lee will focus on managing and enhancing Newegg North America's strategic vendor relationships. Dr. Lee will also continue to serve on the Board of Directors of Newegg Inc.