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Systemax North American Technology Products Group Announces Management Appointments

The Systemax North American Technology Products Group, a business unit of Systemax Inc. (NYSE: SYX), which includes the TigerDirect, CompUSA and Circuit City brands, announced today that it has appointed three new executives. Joining the leadership team are Jed Stillman, Executive Vice President of Strategy and Services, Michael Amkreutz, Executive Vice President of Merchandising, and Michael Jones, Chief Information Officer.

David Sprosty, Systemax’s Chief Executive of the North American Technology Products Group, commented, “On behalf of our Board of Directors and employees, I’d like to welcome Jed Stillman, Michael Amkreutz and Michael Jones to Systemax and the North American Technology Products Group (“NATPG”). All are experienced executives and proven leaders with strong backgrounds in their respective fields. They will be tremendous assets to our team as we execute on our goal to improve the experience for our SMB, retail and online customers.”

Jed Stillman has joined the Company as Executive Vice President of Strategy and Services. In this new role, he will be responsible for strategic planning and will work closely with the rest of the leadership team to build Systemax’s services and applications business. Jed brings with him a wealth of education and experience in driving strategic growth and new business opportunities. Most recently, Jed was Vice President and General Manager at Best Buy, where he led the Best Buy Connect business and subscription services business. Prior to that, Jed was the President and COO for specialty retailer Seasonal Concepts. Earlier in his career, Jed worked for Clark Bardes Consulting, Delolitte & Touche and Ernst & Young. He received an M.B.A. in Business Policy & Strategic Management from The Wharton School at the University of Pennsylvania and a B.S. in Management from the University of Minnesota.

Michael Amkreutz, appointed Executive Vice President of Merchandising, will be leading the strategic direction of the merchandising function for all channels within the NATPG. Michael has extensive experience within merchandising, marketing and product planning. Most recently, Michael was Vice President of Merchandising for Sears Holdings Corp., responsible for online merchandising, and before that he was Vice President of Product Management at Newegg.com. Additionally, he has worked in the consumer electronics field on the manufacturing side for Hannspree, Hanns.G and Sharp Electronics, where he worked with Systemax as a vendor partner. Michael received a B.A. in Business & Marketing from Western Washington University and a B.S. in Mathematics from Rutgers University.

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