RadioShack Looking For New Chief Merchant
By Alan Wolf -- TWICE, 9/28/2009
Fort Worth, Texas — RadioShack's chief merchandising officer Peter Whitsett has left the company to pursue other interests.
According to an 8-K report filed with the Securities and Exchange Commission, Whitsett's duties will be temporarily assumed by various members of the chain's senior management while it launches an executive search for a permanent successor.
RadioShack chairman/CEO Julian Day brought Whitsett aboard nearly two years ago from Sears Holdings, where he had been responsible for the retailer's general merchandising businesses. Whitsett had risen through the ranks at Kmart, where Day was president and later CEO prior to its merger with Sears.
His departure follows the launch this summer of a new rebranding campaign for RadioShack. Day told investors at a Goldman Sachs retail conference earlier this month that he is turning his attention to other areas of the business now that its financial and operational functions have been strengthened.
RadioShack Looking For New Chief Merchant
09/20/2009R’Shack Names New GMM
12/03/2007RadioShack Cutting 280 HQ Jobs
04/19/2007R’Shack To Upgrade 4,000 Stores
09/16/2008RadioShack Outlines Go-Forward Strategy
03/08/2009
