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BUSINESS
October 28, 1996
James T. Schraith, who resigned earlier this month as chief executive of the Cerplex Group in Tustin, has been named senior vice president and general manager of Compaq Computer Corp.'s North American operations. When he left Cerplex, Schraith would say only that he had accepted an executive position with a large high-tech company outside California. Some speculated that he was joining Compaq, but the Houston-based computer giant didn't make an announcement until Thursday.
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BUSINESS
October 28, 1996
James T. Schraith, who resigned earlier this month as chief executive of the Cerplex Group in Tustin, has been named senior vice president and general manager of Compaq Computer Corp.'s North American operations. When he left Cerplex, Schraith would say only that he had accepted an executive position with a large high-tech company outside California. Some speculated that he was joining Compaq, but the Houston-based computer giant didn't make an announcement until Thursday.
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BUSINESS
July 13, 1994 | CHRIS WOODYARD, TIMES STAFF WRITER
AST Research Inc. announced Tuesday that co-founder Safi Qureshey has stepped down as president and will be succeeded by James T. Schraith. The company said the change will allow Qureshey, who has served as president since co-founding the computer company in 1980, to concentrate on strategic rather than day-to-day concerns. The 43-year-old Pakistani immigrant will remain as chairman.
BUSINESS
July 13, 1994 | CHRIS WOODYARD, TIMES STAFF WRITER
AST Research Inc. announced Tuesday that co-founder Safi Qureshey has stepped down as president and will be succeeded by James T. Schraith. The company said the change will allow Qureshey, who has served as president since co-founding the computer company in 1980, to concentrate on strategic rather than day-to-day concerns. The 43-year-old Pakistani immigrant will remain as chairman.
BUSINESS
October 4, 1996
Cerplex Group Inc., which provides repair and technical support services to computer manufacturers, said it plans to establish a repair hub in Louisville, Ky. James T. Schraith, chief executive of Cerplex, said the company is establishing a network of outsourcing centers on or near key airport hubs in an effort to cut shipping costs and improve customer service. The move follows the company's recent announcement of its first airport hub-based facility in Ontario, Calif.
BUSINESS
June 22, 1996
The Cerplex Group, an electronics repair service, said it will close two manufacturing and repair plants in Texas in August and lay off 130 employees. The operations accounted for sales of $13.7 million, but had losses of $5.2 million last year, Cerplex officials said. The plants had been acquired from SpectraVision more than two years ago, and employees at the facilities continued to do contract repair and manufacturing work for the company.
BUSINESS
April 18, 1996 | GREG MILLER
Cerplex Group Inc. said it has reached new credit agreements with its lenders and has also agreed to sell a circuit board assembly unit that no longer fits into the company's focus as a provider of repair and other technology services for computer manufacturers. Write-offs of excess inventory and other restructuring costs last fall had pushed Cerplex into technical default on its financial arrangements with creditors.
BUSINESS
May 23, 1996 | GREG MILLER, TIMES STAFF WRITER
The Cerplex Group Inc. said it has acquired a Xerox-owned electronics repair and refurbishing facility in northern France as part of a deal that could boost Cerplex's revenue by $80 million over the next two years. James T. Schraith, chief executive of Cerplex, said the deal is the biggest acquisition the company has ever made, and it "marks a substantial moment in our company's history." Terms of the transaction were not disclosed.
BUSINESS
March 6, 1994
* James T. Schraith has joined the board of directors of Pinnacle Micro Inc., an Irvine manufacturer of optical storage systems. He succeeds Charles W. Richion, who resigned due to personal and professional commitments. Schraith is senior vice president of sales and service at AST Research. * Justine Heinze has been promoted to account executive-exhibitor services at the Anaheim Hilton and Towers. She joined the hotel last year as an administrative assistant for the sales department.
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