Riesbeck Named hhgregg CFO

Appliance, electronics and furniture retailer, hhgregg Inc. has hired Robert Riesbeck as chief financial officer, the company announced. Before joining hhgregg, Riesbeck was operations executive/group CFO at Sun Capital Partners with responsibility for financial and operations oversight of portfolio companies with combined revenues exceeding $5 billion, hhgregg noted.

Prior to his tenure at Sun Capital, Riesbeck was CFO of Marsh Supermarkets, a Sun Capital portfolio company.

“We are excited to add Bob’s extensive financial experience to our executive team,” Dennis May, hhgregg president and CEO said in announcing Riesbeck’s hire. “As we continue to transform the company and work toward the goal of becoming a national retailer, Bob’s experience in financial and operations management in the retail industry make him the perfect fit. We look forward to Bob joining the team and playing an instrumental role in executing our strategic initiatives and driving long-term growth.”