AUSTIN, Texas, July 1, 2015 /PRNewswire/ -- Discount Electronics, an Austin, Texas based electronics retailer and service provider, has announced Jeff Hutchinson as its new President and CEO. Rick Culleton, founder and owner, will continue on in an advisory role while focusing on other business interests.
As CEO and President of Discount Electronics, Mr. Hutchinson will be responsible for the company's overall strategy and performance, and will have full P&L ownership for the business.
Mr. Hutchinson, a 20+ year seasoned veteran in the technology field, held executive GM roles at both Dell and Arrow Electronics, Inc. "Choosing Jeff as our CEO was a clear and obvious decision." Mr.Culleton continued, "I have no doubt that Jeff will provide this company with the leadership it needs and deserves. His results-oriented approach and ability to think strategically will play a pivotal role in our continued excellence and success."
"I am incredibly honored to succeed Rick as the company's CEO," said Hutchinson. "The Discount Electronics brand has an incredible reputation for high quality products, excellent prices and service, all backed by the market's best standard warranty," said Hutchinson. "We intend to fully leverage the brand's great reputation to drive incremental growth through a variety of initiatives that Rick and I have already discussed." Hutchinson added, "The team Rick has in place is a passionate group and I'm looking forward to working together to drive the required improvements that will fuel our go-forward growth."
Discount Electronics is based in Austin, TX, and has ranked among the top 5000 fastest growing companies on the Inc. 5000 annual list for seven consecutive years. The privately held company, founded in 1997, currently employs approximately 100 people throughout its four Central Texas locations, including its headquarters and online distribution warehouse in Austin, TX.
SOURCE Discount Electronics