By Lisa Johnston
New products on display at the American International Toy Fair, held in N
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.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.