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From Target to RadioShack to hhgregg COO

BY HBSDEALER Staff

Indianapolis-based appliance and electronics retailer hhgregg Inc. hired Troy H. Risch as chief operating officer.

Risch joins hhgregg from RadioShack, where he served as executive VP store operations. Prior to this, he held a variety of operational leadership positions with Target Corp., including executive VP stores. Risch will assume the COO position on May 5, 2014.

“Troy’s wealth of experience and industry knowledge will make him a key addition to hhgregg’s executive team," said Dennis May, hhgregg president and CEO. "As we continue to transform the company, Troy’s expansive experience in retail store operations and real estate will be instrumental in driving the strategic initiatives for hhgregg’s long-term growth. We look forward to Troy joining the team.”

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Installed Building Products hires Todd Fry as CAO

BY HBSDEALER Staff

Installed Building Products has welcomed Todd Fry to the company as chief accounting officer and principal accounting officer.

Reporting to CFO Michael Miller, Fry will bring his considerable financial experience to bear on his new role. He was most recently CFO of Champion Industries, a role he served in for 15 years.

“I am pleased to welcome Todd to IBP as we continue to expand our operations,” said Miller. “Todd is a highly accomplished financial professional, and we believe his 20-plus years of experience in key leadership positions, including 17 years at publicly traded companies, will help continue to strengthen our financial management. We look forward to leveraging his financial expertise as we continue to grow our business.”

Fry’s resume also includes roles at Broughton Foods Company and Coopers & Lybrand.

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HCN Stock Watch: STCK takes a dive

BY HBSDEALER Staff

Stock Building Supply (STCK) took a tumble of 8.79% after releasing its earnings report Tuesday, which showed double-digit sales gains and a narrowing loss but fell short of expectations.

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