Hhgregg CFO Jeremy Aguilar Resigns, Appoints Andrew Giesler As Interim CFO

(RTTNews) - Electronics and appliance retailer hhgregg Inc. (HGG) Thursday said its Chief Financial Officer and Secretary Jeremy Aguilar is resigning from the position effective January 31, 2014. Andrew Giesler, senior vice president, Finance, has been appointed to serve as interim CFO and secretary.

Indianapolis-based company noted that its board has accepted Aguilar's resignation. Aguilar was with the firm for the past eight years. He is leaving to pursue a similar role at another company, hhgregg said.

Giesler, has served hhgregg in several roles since joining the firm in May 2007, including Senior Vice President, Finance, Vice President, Finance, Vice President, Controller and Director of Finance and Investor Relations.

Dennis May, president and CEO of hhgregg stated, "Andy Giesler is a talented and experienced finance executive and I am confident he will lead the transition effectively. The Company continues to pursue its key business strategies and Andy has been and will continue to be an important part of my team."

The board of directors also announced that the company will commence a search for a new CFO.

HGG closed Tuesday's regular trading at $14.95 on the NYSE.