Filed under: Management, Employees, Best Buy (BBY), Circuit City Stores (CC)

Circuit City (NYSE: CC), the second-largest consumer electronics retailer in the U.S., has named John T. Harlow as Chief Operating Officer at a time when the retailer is in one of the worst funks of its life. CEO Phil Schoonover is reportedly on his way out the door as Circuit City’s sales plummet every month and quarter.

So, why a new COO now? Because something — anything — is needed to shake up the company and get it back on track to consistent profits (or even smaller losses) as 2008 gets under way.

Continue reading John Harlow named Circuit City’s new COO

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This entry was posted on Saturday, January 19th, 2008 at 6:42 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.