ˌɔn mˈeɪ nˈaɪn, tˈuː θˈaʊzənd ɪlˈɛvən, fɪˌɔːɹəntˈiːnoʊ ɐɡɹˈiːd tə ɹɪzˈaɪn fɹʌm ˈɔːl ʌv hɪz pəzˈɪʃənz wɪð sˈɪstəmˌæks, sɚɹˈɛndɚ stˈɑːk ænd stˈɑːk ˈɑːpʃənz vˈæljuːd æɾ ɐpɹˈɑːksɪmətli dˈɑːlɚ nˈaɪn.wˈʌn mˈɪliən, ænd ɹᵻpˈeɪ hɪz tˈuː θˈaʊzənd tˈɛn ˈænjuːəl bˈoʊnəs ʌv dˈɑːlɚ fˈoːɹhˈʌndɹɪd ˈeɪɾi,zˈiəɹoʊzˈiəɹoʊ zˈiəɹoʊ.
On May 9, 2011, Fiorentino agreed to resign from all of his positions with Systemax, surrender stock and stock options valued at approximately $9.1 million, and repay his 2010 annual bonus of $480,000.