RadioShack Names Magnacca CEO
RadioShack said this week that it named Joseph C. Magnacca, formerly of Duane Reade and Walgreens, as its new chief executive officer.
Magnacca replaces Jim Gooch, who resigned last September.
“Joe is a leader with significant experience in transforming iconic brand names into strong operating businesses,” Daniel R. Feehan , non-executive chairman of RadioShack, said in a statement.
“We believe he will be a catalyst for change at RadioShack in refining our merchandising strategies, reinvigorating the shopping experience for our customers and building sustainable value for our shareholders.”
Related story: RadioShack Calls Off Mobile Venture with Target