Systemax said it has notified Gilbert Fiorentino, chief executive, Technology Products Group and director of the company, that it intends to fire him. Fiorentino has been placed on administrative leave.
The company has named Robert Leeds to serve as interim chief executive, Technology Products, reporting to Systemax chairman and CEO Richard Leeds. Robert Leeds was the founding CEO of Systemax's Technology Products business and currently serves as vice chairman of the board of directors.
Systemax followed the conclusion of its independent investigation of anonymous whistleblower allegations concerning its Miami, Fla., operations. The investigation was initially disclosed in Systemax's Form 10-K filed with the SEC on March 17.