Fort Worth, TX—Julian Day (left) plans to retire as chairman, CEO and a director of RadioShack Corporation, effective May 2011. Current CFO Jim Gooch will succeed him.
Fort Worth, TX—Julian Day (left) plans to retire as chairman, chief executive officer, and a director of RadioShack Corporation, effective in May 2011. According to its succession and transition plan, the board of directors named Jim Gooch, currently chief financial officer, as the company’s president, effective immediately. Gooch (below) will become RadioShack’s chief executive officer and a director upon Day’s retirement.
The board has also chosen to separate the chairman and CEO roles.
Daniel R. Feehan, the board’s current presiding director and a member of the company’s board since 2003, will become non-executive chairman of the board upon Day’s retirement. Feehan is president and chief executive officer of Cash America International, Inc.
Gooch, 43, joined RadioShack in his current position in August 2006. Previously, he spent 10 years with Kmart Holding Corporation and subsequently Sears Holdings Corporation after the merger with Sears, Roebuck and Co.
RadioShack is a national retailer of mobile technology products and services, as well as products related to personal and home technology and power supply needs. RadioShack’s retail network includes approximately 4,680 company-operated stores in the United States and Mexico, more than 1,265 wireless phone kiosks in the United States, and approximately 1,240 dealer outlets worldwide. For more information on RadioShack Corporation, please visit www.radioshackcorporation.com.