Gilbert Fiorentino

Systemax Tuesday named David Sprosty the new chief executive of its Technology Products Group. He replaces Gilbert Fiorentino, who left the company last spring following allegations of financial improprieties.

Four former employees of CompUSA, including two brothers of former Technology Products CEO Gilbert Fiorentino, reportedly stole millions of dollars in electronic equipment from a company headquarters, according to a newspaper account that cited a police report.

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