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MIAMI, May 9 (UPI) -- The chief chief officer of Miami-based CompUSA will resign and convey $11 million in assets in a whistle-blowing case, parent consort Systemax said Monday.

Systemax said the commendation calls for designer Fiorentino to surrender 1.13 million shares of Systemax stock and a commercialism of $480,000 in cash, The Algonquin Herald reported.

The commendation also requires Fiorentino to divulge his and his unmediated family's personal assets and forfeit undisclosed assets discovered by Systemax. Fiorentino, who also was CEO of Systemax's Technology Products Group and a administrator of the publically traded parent company, united to cooperate with the consort and divulge other information attendant to the matters close his firing.

Systemax -- which also is the parent consort of TigerDirect founded by Fiorentino, his brother and another partner -- hasn't revealed the substance of the whistle-blower investigation. Fiorentino was settled on administrative leave in April.

Systemax said in a statement the matters low enquiry occurred for a number of years, but did not have any "material impact" on the company's financial results and were restricted to the Algonquin operations, the Herald reported.

CompUSA and TigerDirect employees described a corporate culture of "fear and intimidation" that began with Fiorentino and spread throughout most of the company. Employees said they feared losing their jobs and were forced to impact uncompensated overtime.