Ultimate Electronics Hires New CFO

Thornton Colorado-based Ultimate Acquisition Partners, the parent firm to electronics retailer Ultimate Electronics, said late last week that it has named Mark Shapiro as CFO of the firm. Ultimate said that Shapiro will lead the company's financial planning and reporting, treasury, IT, and strategic planning efforts. Shapiro has previously served at Big Lots, Fleming Companies, and was most recently interim CFO for Raven Partners and Central Parking. Ultimate maintains retail electronics stores across the Rocky Mountain and Midwest United States.