Circuit City

(CC) - Get Report

said Michael L. Jones quit as chief information officer to pursue other interests.

The Richmond, Va., electronics retailer named William E. McCorey Jr. chief information officer.

"I wish to thank Mike for his leadership and many contributions. He was an instrumental part of the turnaround efforts at Circuit City over the last three years," said CEO Philip J. Schoonover. "I appreciate his dedication to ensuring a seamless transition of his current responsibilities and wish him all the best in his future endeavors."

"I am proud to be part of Circuit City's strong leadership team. I feel confident that our work to transform our company and systems is on track, making this a natural time for me to explore other business opportunities," said Jones. "I am also delighted to have such a capable and ready replacement in Bill McCorey. One of my rewards has been witnessing Bill's growth and leadership over the years."