Fort Worth, Texas — National electronics chain Radio Shack has named Joseph Magnacca as its new CEO.
Fort Worth, Texas — National electronics chain Radio Shack has named Joseph Magnacca as its new CEO. Magnacca will also serve as a member of the company’s board of directors.
Magnacca comes to Radio Shack from Walgreen Co., where he was most recently executive vice president of Daily Living Products and Solutions. His job included overseeing all of Walgreen’s marketing and merchandising operations across its more than 8,000 stores. Prior to that, he served as president of Duane Reade before its 2010 acquisition by Walgreen’s.
“Joe is a leader with significant experience in transforming iconic brand names into strong operating businesses,” said Daniel Feehan, non-executive chairman of Radio Shack, in a statement. “We believe he will be the catalyst for change at Radio Shack in refining our merchandising strategies, reinvigorating the shopping experience for our customers and building sustainable value for our shareholders.”
SOURCE: Radio Shack