Circuit City Promotes John W. Froman To Exec VP- Merchandising
27 April 2000
Circuit City Stores, Inc. Promotes John W. Froman To Executive Vice President - MerchandisingRICHMOND, Va., April 27 Circuit City Stores, Inc. announced today that John W. Froman has been promoted to the position of executive vice president -- merchandising. Froman has served as senior vice president - merchandising since August 1997, with responsibility for all merchandising functions, including buying, inventory management and space planning. Froman is a 14-year Circuit City veteran. He joined the company in 1986, beginning his career in store operations. In 1988, he was appointed general manager of and led the company's entry into south Florida. He was named director of corporate operations in 1990, promoted to vice president in 1992 and became president of the company's Central Division operations in 1994. "John's background in store operations, the strong relationships he has built with the vendor community and his ability to bring to market the products and services that consumers expect in our stores are helping Circuit City maintain a leading position in an exciting and growing consumer electronics environment," said W. Alan McCollough, president and chief operating officer of Circuit City Stores, Inc. "This promotion recognizes John's leadership skills and the continuing contribution that he will make to Circuit City's growth and development." Circuit City Stores, Inc. (NYSE: CC, KMX) is a leading national retailer of brand-name consumer electronics, personal computers, major appliances and entertainment software. With headquarters in Richmond, Va., the company operates 573 Circuit City Superstores and 45 mall-based Circuit City Express stores. The company's businesses also include CarMax, the nation's leading specialty retailer of used cars and a rapidly growing new-car retailer. CarMax operates 40 locations, including 34 used-car superstores and 20 new-car franchises.