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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowHHGregg Inc. on Monday morning announced it has promoted a longtime employee to become the company’s senior vice president of marketing while also filling two other key positions.
Chris Sutton was named the new senior vice president of marketing for the Indianapolis-based appliance and electronics retailer. Formerly vice president of marketing, Sutton steps into the role following the departure last month of Jeffrey D. Pearson.
Pearson, who resigned to “pursue another opportunity,” was the latest in a string of senior-level departures at HHGreg
Sutton will oversee all marketing initiatives as well as HHGregg’s e-commerce strategy. He joined HHGregg in 2007 and previously worked in advertising and brand marketing for Walt Disney Co. Sutton earned an MBA from the Indiana University Kelley School of Business.
In addition, HHGregg said Monday that it hired Mabelle Lim as the company’s vice president of merchandising for home decor and Matt Phillips as the company’s senior vice president of merchandising for electronics.
Lim comes to HHGregg from Pier 1 Imports in Fort Worth, Texas, and Phillips from Chicago-based Groupon. Phillips previously spent eight years at Richfield, Minnesota-based Best Buy, where he held several positions in the merchandising department.
HHGregg CEO Robert Riesbeck, who officially was named to the top position Aug. 1, said in a press release that the company has “assembled a strong executive team that will build and maintain momentum to achieve our company’s growth and profitability goals.”
HHGregg has struggled to compete with discount and online retailers. The company reported Aug. 4 that it failed to turn a profit for the 11th quarter in a row as sales continued to fall, though the company did see some improvement in key financial categories.
Sales were $423.6 million in the period ended June 30, down 4 percent from the $441,063 it reported in the same quarter of 2015. The year-over-year sales drop was better than the 6.6 percent decline HHGregg experienced in the year-ago period.
Shares of HHGregg were trading at $2.07 each in late-morning trading, down nearly 5 percent.
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