David Margolese

John Froman was kicked upstairs at Circuit City. He is now executive vice president and chief operating officer. Froman joined Circuit City in 1986 and is a Dealerscope Editorial Advisory Board member. Former Target Senior VP Kim D. Maguire filled Froman's old post as Circuit City's new executive vice president of merchandising. Circuit City also named Carl C. Liebert III president of its Northeast operating division, which includes 111 stores located from Pennsylvania through the state of Maine. Liebert joined Circuit City in November 1999 as vice president of corporate operations. Best Buy promoted two VPs: Randy Wick, also a Dealerscope Editorial Advisory

By David Dritsas Sirius Satellite Radio hired former RCA marketing guru Joseph P. Clayton to head up the company as President and CEO, succeeding Sirius' founder, David Margolese, who resigned in October. Clayton says he will continue along Sirius' goal of a national launch next year, but does plans to test different methods of selling the service, based on his years of experience in the consumer electronics Industry. "This is not a turn around," said Clayton of the change in leadership. "This is more of a market growth, satellite-TV type of experience that I have had in the past. I will use some

Sirius Satellite Radio last month announced Sirius radios would not be available until fourth quarter and then only in limited quantity. In a conference call with analysts, Sirius Chairman and CEO David Margolese said Sirius radios made with discrete componentry would become available in fourth quarter 2001, first from Panasonic with additional manufacturers to follow. Receivers Agere Microelectronics chipsets are to "follow shortly after the fourth quarter." Margolese said total radio quantities would be extremely limited in 2001, estimating "somewhere under 20,000 radios in the market" this year. A "material number of radios" will be shipped first-quarter 2002, he said. Aftermarket radios will comprise

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