Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

RadioShack CFO resigns; AlixPartners MD named interim CFO

Send a link to a friend  Share

[September 15, 2014]  (Reuters) - Struggling electronics retailer RadioShack Corp, which is teetering on the brink of bankruptcy, said John Feray resigned as chief financial officer last week.

The company said on Monday it named AlixPartners LLP managing director Holly Etlin as interim CFO. Advisory firm AlixPartners has been helping RadioShack with its turnaround since July 2013.

Feray, who joined in January from Dollar General Corp, resigned on Sept. 12 citing personal reasons, RadioShack said in a statement.

Etlin also served as RadioShack's interim CFO between July 2013 and February.

RadioShack last week said it may have to file for bankruptcy protection if its cash situation worsens and its options, which include debt restructuring, cost cuts, a sale, or a capital infusion, did not work out.

(Reporting by Ramkumar Iyer in Bangalore; Editing by Sriraj Kalluvila)

[ 2014 Thomson Reuters. All rights reserved.]

Copyright 2014 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


< Top Stories index

Back to top