CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header

Local

RadioShack Picks Magnacca As New CEO

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

kluvs super 70s weekend voting 1979 dl RadioShack Picks Magnacca As New CEOPick The Best Song From 1979

115245513 8 RadioShack Picks Magnacca As New CEOCrush Of The Day: Mila Kunis

80219448 RadioShack Picks Magnacca As New CEOViral Video: Hilarious Southwest Safety Announcement

155742164 RadioShack Picks Magnacca As New CEOPick Your Favorite Victoria Secret Model

Featured Items

Fantasy_tileHottest Olympians

pet_tileYour Pet Photos

weather_tileSend Us Your Weather Photos

FORT WORTH (AP) - RadioShack Corp. has chosen Walgreen Co. executive Joseph Magnacca to become CEO of the electronics retailer.

Fort Worth-based RadioShack made the announcement Thursday. Magnacca begins his new job on Monday when he’ll also join the RadioShack board of directors.

Magnacca was in charge of daily living products and solutions for Walgreen and is the former president of the New York-based Duane Reade chain. Walgreen bought Duane Reade in 2010.

James Gooch stepped down as RadioShack’s CEO in September after only a year and a half on the job. The company’s profits have fallen over the past two years as brick-and-mortar consumer electronics stores struggle against fierce online competition.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Also Check Out: