Geeknet replaces its CEO as Q2 sales rise
Executive chairman Ken Langone will serve as interim CEO. Geeknet Inc., which owns and operates online gadget retailer ThinkGeek.com, posted higher second quarter e-commerce sales and announced a change in top management...
In its second quarter earnings release, Geeknet, No. 232 in the Internet Retailer Top 500 Guide, announced that CEO Scott Kauffman has stepped down to pursue personal interests and will be replaced on an interim basis by executive chairman and board member Ken Langone...
In addition to a change in senior leadership, Geeknet also reported:
E-commerce sales for the second quarter ended June 30 increased 43.2% to $10.6 million from $7.4 million.
Total sales for the second quarter ended June 30 increased 29.9% to $15.30 million from $11.78 million...
Join the discussion below, or Read more at www.internetretailer.com.
Pergine Valsugana, Italy
#1 Aug 7, 2010
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