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RadioShack Names Lively CFO

8/16/2011 06:09:34 AM Eastern

Fort Worth, Texas -
RadioShack has tapped Ace Hardware exec Dorvin Lively as chief financial
officer, executive VP and chief administrative officer.

He succeeds former
chief financial officer Jim Gooch, who became the chain's CEO in May following
the retirement of Julian Day.

In his new role,
Lively will be responsible for RadioShack's finance, treasury, financial
planning, investor relations, corporate communications, real estate, supply
chain and dealer functions.

"Dorvin is a
welcome addition to the RadioShack executive team," said Gooch. "Because of his
deep experience in retail and consumer goods, he will bring a valuable
perspective as RadioShack pursues strategies in mobility, retail services and
other growth platforms."

Prior to his
two-year stint as chief financial officer for Ace Hardware, Lively held the
same post at Maidenform Brands and served as corporate controller for Toys "R"
Us and Reader's Digest.