Radio Shack 2003 Annual Report Download - page 16

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Last year, RadioShack launched StreetSentzSM, a community program designed to provide tools and education to families about ways to
keep children safer from abduction, violence and abuse.
Through an alliance with the National Center for
Missing & Exploited Children, we are committed
to positively impacting families in communities
throughout America.
RadioShack stores provided nearly one million free Child ID kits in just a matter of months.The kits provide a place for parents to record
personal, physical and medical information about their children, which they take home for safekeeping.
RadioShack has since become the largest single-source distributor of ADAM fax posters in the country. RadioShack prominently displays
posters of missing children in specific, localized areas in order to increase the chances of a safe recovery.
RadioShack also launched its Neighborhood Answers Grants program in 2003.These grants are available to non-profit organizations that
offer solutions to help prevent family violence/abuse and/or child abduction. The grants are designed to fund programs and services that
directly benefit a RadioShack community.
RadioShack’s corporate responsibility extends far beyond our community relations programs. In corporate governance, RadioShack has
demonstrated best practices for many years. Our Board of Directors is entirely composed of independent directors (other than our CEO),
which is well in excess of the majority required under New York Stock Exchange requirements. In fact, independent directors have made up
at least two-thirds of our board for many years, well before the current NYSE requirements were implemented.
Five members of our Audit and Compliance Committee are considered “audit committee financial experts,” which is significantly in
excess of the one member required by the SEC.
And based on an independent 2003 study from the Institutional Shareholder Services, RadioShack’s corporate governance quotients
outperformed 81.8% of the companies in the S&P 500 Index and 96.7% of the companies in the retailing group.
These lofty standards of governance, along with our commitment to our communities, are a vital part of our identity, and define who we
are and what we do today… and tomorrow.
RADIOSHACK 2003 Annual Report
14
RadioShack’s I-C3®charger uses revolutionary technology to recharge
batteries in just 15 minutes. Plus, each battery lasts up to four times
longer than alkalines used in digital cameras.
Driving value:
Corporate Responsibility