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TALKBACK

Circuit City's Schoonover resigns

By TWICE staff -- Video Business,09/22/2008

SEPT. 22 | FROM TWICE: Circuit City’s chairman, president and CEO Phil Schoonover has agreed to step down from those positions, effective immediately. He has also resigned as company director.

James A. Marcum, recently appointed vice chairman, will serve as acting president and CEO.

The board of directors also elected Allen B. King, former chairman of Universal Corporation, as its chairman.

Read the full story on TWICE.com.

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Submitted by: Jim (jkenney1@hotmail.com)
9/22/2008 8:00:45 PM PT
Location:Fryeburg, Maine
Occupation:Student

He didnt actually get the axe..he resigned. and you
probably should talk about what you dont know..i think
i know a bit more about it since he is my uncle and his
son is sitting right next to me..

Submitted by: Lonnie Pulliam
9/22/2008 7:01:14 PM PT
Location:Greenville, SC
Occupation:retired

It's about time he got the axe. Problem is he probably got a gold axe as in millions of dollars in incentives. He has been a joke since day one.

Submitted by: Lonnie Pulliam
9/22/2008 7:00:52 PM PT
Location:Greenville, SC
Occupation:retired

It's about time he got the axe. Problem is he probably got a gold axe as in millions of dollars in incentives. He has been a joke since day one.

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