Throgmartin, 57, was also the former president/CEO of the multiregional CE, appliance and furniture chain founded by his grandfather in 1955. The cause of death was not disclosed.
In a statement this morning, president/CEO Dennis May said, "We are deeply saddened by the passing of Jerry Throgmartin. Jerry played a critical role in both building and growing our company over his astounding 36-year career at hhgregg.
"To all of us at hhgregg, Jerry served as a role model, a community patron, and an inspirational leader, who always lived his life to the fullest. To me personally, he also served as a mentor, a trusted advisor and a tremendous friend. He will be greatly missed. His life is an amazing story and our thoughts are with his family during this difficult time."
Throgmartin began his career at hhgregg in 1975 as a salesman, and worked his way up the ranks as manager, district manager, director of advertising, store operations VP and later, president/CEO.
Throgmartin was also president of the NATM Buying Group in the early 2000s when the chain was part of the organization.
He was involved in many local charities, including serving as chairman of the Indiana University Simon Cancer Center Development Board and the University of Indianapolis Board of Trustees.
Throgmartin is survived by his wife Peggy, a son and twin daughters, and two granddaughters.