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New CEO for RadioShack

FORT WORTH, TX-The technology and electronics retailer taps COO David Edmondson to lead the company.

By Jennifer D. Duell | Updated on January 14, 2005

FORT WORTH, TX-RadioShack Corp. current president &CEO Leonard Roberts will step down as CEO in May, andpresident & COO David Edmondson will take on the role.Roberts will continue as chairman of the board.

“I can assure that this succession is part of a wellthought out succession plan,” Roberts says. “Thetransition is truly seamless because Dave and I haveworked together side-by-side for the past 10 years.”He adds: “We’re in an enviable position of strength,which makes it a perfect time to transition. There’sno better time for a CEO transition than right now.”

The 45-year-old Edmondson joined RadioShack in 1994 asvice president of marketing for the retail divisionand steadily advanced within the company. In his newrole, Edmondson will manage the overall performance ofthe company including leading the company to achieveits long-term goals, build an effective executiveteam, and establish and maintain businessrelationships with key industry partners.

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