Following its distribution and financing deal with Brightstar Corp., online retailer InPhonic Inc. announced Andy Zeinfeld will step into the CEO position, replacing the company’s current CEO and founder David Steinberg.
Steinberg will continue as InPhonic’s chairman, and will assist the company with “strategy and direction,” according to InPhonic.
Zeinfeld joined InPhonic as president of its e-commerce unit in April 2006. Before that, he served in a variety of management positions over a 28-year career with RadioShack Corp.
“I hired Andy based on his proven leadership, carrier relationships and sales experience, and with the goal that he would someday assume the role of CEO,” Steinberg said. “I believe the company will benefit from his promotion and his continued leadership.”
InPhonic’s stock was up almost 8% on the news to around $2.83 per share.
InPhonic dials up new CEO
ABOUT AUTHOR
Jump to Article
What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants