Radio Shack 2010 Annual Report Download - page 23

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13
ITEM 3. LEGAL PROCEEDINGS.
Refer to Note 13 – “Commitments and Contingencies” in the Notes to Consolidated Financial Statements included in this
Annual Report on Form 10-K.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
No matters were submitted to a vote of the Company’s security holders during the fourth quarter of 2010.
EXECUTIVE OFFICERS OF THE REGISTRANT (SEE ITEM 10 OF PART III).
The following is a list, as of February 15, 2011, of our executive officers and their ages and positions.
(1) On January 24, 2011, the Company announced that Mr. Day plans to retire as Chairman of the Board of Directors, Chief Executive Officer and a director
of the Company effective at the Company’s next annual meeting of shareholders, currently scheduled to be held on May 19, 2011. In accordance with its
succession and transition plan, the Board of Directors named Mr. Gooch President of the Company effective January 24, 2011. Mr. Gooch will become
Chief Executive Officer of the Company effective upon Mr. Day’s retirement. Mr. Gooch will also be included in the Company’s slate of nominees for
election to the Board of Directors at the next annual meeting of shareholders. The Board has also determined, as an enhancement to its governance
structure, to separate the chairman and CEO roles. If reelected, Daniel R. Feehan, the Board’s current presiding director and a member of the Company’s
Board since 2003, will become non-executive chairman of the Board upon Mr. Day’s retirement. Mr. Feehan is president and chief executive officer of
Cash America International, Inc.
(2) Mr. Bevin’s last day with the Company will be March 4, 2011.
There are no family relationships among the executive
officers listed, and there are no undisclosed arrangements
or understandings under which any of them were appointed
as executive officers. All executive officers of RadioShack
Corporation are appointed by the Board of Directors to
serve until their successors are appointed or until their
death, resignation, retirement, or removal from office.
Mr. Day was appointed Chief Executive Officer and
Chairman of the Board of RadioShack in July 2006. Prior to
his appointment, Mr. Day was a private investor. Mr. Day
became the President and Chief Operating Officer of Kmart
Corporation, a mass merchandising company, in March
2002 and served as Chief Executive Officer of Kmart from
January 2003 to October 2004. Following the merger of
Kmart and Sears, Roebuck and Co., a broadline retailer,
Mr. Day served as a Director of Sears Holding Corporation
(the parent company of Sears, Roebuck and Co. and Kmart
Corporation) until April 2006. Mr. Day joined Sears as
Executive Vice President and Chief Financial Officer in
1999, and was promoted to Chief Operating Officer and a
member of the Office of the Chief Executive, where he
served until 2002.
Mr. Gooch was appointed Executive Vice President and
Chief Financial Officer in August 2006. Previously, Mr.
Gooch served as Executive Vice President – Chief
Financial Officer of Entertainment Publications, LLC, a
discount and promotions company, from May 2005 to
August 2006. From 1996 to May 2005, Mr. Gooch served in
various positions at Kmart Corporation, a mass
merchandising company, including Vice President,
Controller and Treasurer, and Vice President, Corporate
Financial Planning and Analysis.
Mr. Applbaum was appointed Executive Vice President and
Chief Marketing Officer in September 2008. Previously, Mr.
Applbaum was Chief Marketing Officer for The
Schottenstein Stores Corporation, a private retail holding
company, from February 2007 until August 2008, and
Senior Vice President and Chief Marketing Officer for
David's Bridal Group, a national bridal retailer, from April
2004 until February 2007. Prior to joining David's Bridal
Name
Position
(Date Appointed to Current Position)
Executive
Officer Since
Age
Julian C. Day
(1)
Chief Executive Officer and Chairman of the Board (July 2006) 2006 58
James F. Gooch
(
1
)
President and Chief Financial Officer (January 2011) 2006 43
Lee D. Applbaum
Executive Vice President – Chief Marketing Officer (September 2008)
2008 40
Bryan E. Bevin
(
2
)
Executive Vice President – Store Operations (January 2008) 2008 47
Scott E. Young Executive Vice President – Chief Merchandise Officer (April 2010) 2010 49
Mary Ann Doran Senior Vice President – Human Resources (June 2010) 2010 55
John G. Ripperton
Senior Vice President – Supply Chain (August 2006) 2006 57
Sharon S. Stufflebeme Senior Vice President – Chief Information Officer (June 2009) 2009 49
Martin O. Moad
Vice President and Controller (August 2007) 2007 54