10 | Business World Magazine |
January 2014
Redeeming
RadioShack appointed specialty retail indus-
try veteran John W. Feray as its executive vice
president and chief financial officer. Feray
spent the last five years as senior vice presi-
dent in finance and strategy for Dollar Gen-
eral Corporation, the nation’s largest small-
box discount retailer with more than 11,000
locations. With responsibility for financial
planning and analysis, long-term strategic
planning, real estate market planning and op-
erational improvement activities, Feray has
been credited as a key contributor to Dollar
General's growth and played an integral role
in the development of the Dollar General
strategies to successfully return to the public
markets in 2009.
Feray is the latest addition to RadioShack’s
leadership team which, over the last year, has
included a new chief marketing officer and
chief merchandising officer as well as senior
vice presidents of store concepts, franchise,
global sourcing and inventory planning and
allocation. RadioShack's interim CFO, Holly
Etlin, will continue to work with the company
as a member of the AlixPartners team advising
the operational turnaround.
As a retailer of wireless telephone and
consumer electronic products, RadioShack
employs approximately 30,000 sales experts
globally. RadioShack's retail network includes
approximately 4,300 company-operated stores
in the United States, more than 270 company-
operated stores in Mexico and approximately
1,000 dealer and other outlets worldwide.
