Free Newsletter Subscription
       

Jeff Stone Joins Circuit City

By Alan Wolf -- TWICE, 1/29/2008

Richmond, Va. — Former Tweeter president/CEO Jeff Stone has joined Circuit City in the new role of executive VP for new business development.


Jeff Stone

Stone, who most recently served as president/COO of Tivoli Audio, will oversee the growth and development of the chain’s new The City concept stores, its Firedog services business and ongoing “innovation work” as the retailer revamps its operations.

“Jeff brings proven premium retail brand and operational leadership experience to our team,” said Circuit City chairman/CEO Phil Schoonover. “His specific experience in developing new consumer electronics retailing and services store concepts will be beneficial as we execute against our expansion of digital home services and optimize our new The City concept.”

Stone’s appointment is the latest in a series of recent changes within the executive suite, including the appointment this month of John Harlow as executive VP/COO and the departure of multichannel sales executive VP Danny Clark.

“As we upgrade and build depth on our team with proven retail executives, I want to strike the appropriate balance of improving our near-term financial results through fixing our core business while developing our long-term strategic growth initiatives,” Schoonover said. “We believe this balanced approach will improve our near-term profitability and our long-term competitive position while advancing shareholder value.”

Stone joined Tweeter in 1990 to help execute an expansion strategy that took the company from a 13-store regional specialist to a 177-store national chain generating more than $825 million in sales.

He joined Tivoli in 2005 and left the high-end audio manufacturer late last year.

Reporting to Stone are Marc Sieger, senior VP/general manager, services, and Steven Pappas, senior VP/president, small stores .

Talkback
Related Content

No related content found.

» MORE

Newbay Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement
More Content
  • Blogs
  • Photos

Doug Olenick

Reporters Notebook

Doug Olenick, Senior editor and web editor of TWICE
February 8, 2010
Super Bowl CE Commercials Review
By now I’m pretty sure everyone has hit YouTube to take another look at...
More

Steve Smith

Viewpoint

Steve Smith
February 8, 2010
Comings & Goings
Thanks to the National Football League’s schedule, the Super Bowl was held...
More

ADL award winners Jerry Satoren

Vitelli, Satoren, Juszkiewicz Honored By ADL

The National Consumer Technology Industry's annual dinner and fundraiser for the Anti-Defamation League (ADL) honored drew more than 500 industry leaders, here, on Saturday, Nov. 14.
VIEW ALL GALLERIES







Advertisement
If you are having trouble accessing TWICE content or wish to subscribe to TWICE Online
please email customercare@mypressplus.com or call 866-71-PRESS (866-717-7377).
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   FREE Subscription   |   Affiliate Links
© 2011 NewBay Media, LLC. 28 East 28th Street, 12th floor, New York, NY 10016 T (212) 378-0400 F (212) 378-0470
Use of this website is subject to its Terms of Use | Privacy Policy