Retail executive Magnacca becomes CEO of RadioShack
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Former executive vice president and president of Daily Living Products and Solutions for Walgreen Co. Joseph C. Magnacca becomes the new chief executive officer of RadioSchack, an American franchise of electronics retail stores.
The 50-year-old also becomes a member of RadioShack's Board of Directors.
"Joe is a leader with significant experience in transforming iconic brand names into strong operating businesses," said Daniel R. Feehan, non-executive chairman of RadioShack.
"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," Feehan added.
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