R'Shack Names New Chief Merchant

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Fort Worth, Texas - RadioShack has tapped former Best Buy executive Scott Young as its chief merchandising officer, filling a key role that had been vacant since September.

He succeeds Peter Whitsett, who left the chain last fall to pursue other interests.

In his new role, which also carries an executive VP title, Young will be responsible for developing and implementing RadioShack's merchandising, product development and allocation functions to support the company's strategic focus on mobility, innovation, connectivity and personal service.

Young joins RadioShack from LodgeNet Interactive, where he had been divisional president and chief marketing officer for the past four years. Before that he spent seven years at Best Buy, where he held numerous merchandising positions, including VP. Prior to Best Buy, he was strategic marketing VP at BMG Entertainment North America, merchandising managing director for Ticketmaster, and marketing director at Capitol Records.

"We are delighted to welcome Scott to The Shack," said RadioShack chairman/CEO Julian Day. "Over the last year our company has successfully launched our new brand platform and has become a leader in meeting customers' needs for high-demand mobile technology and connectivity products and services.

"As we pursue growth opportunities ahead, we are confident Scott will play a critical role in our plans to enhance the product assortment and the shopping experience at The Shack."

Whitsett, Young's predecessor, was brought aboard more than two years ago by Day from Sears Holdings. He had risen through the ranks at Kmart, where Day was president and later CEO prior to its merger with Sears.


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