Radio Waves

RadioShack Corp. (Fort Worth, Texas) has announced that chairman and ceo Leonard Roberts and president and coo David Edmondson will assume different roles.

Roberts will transition out of the ceo role over the next four months, continuing as executive chairman. Edmondson will become president and ceo, effective at the annual shareholders meeting on May 19.

“I knew from the first time I met Dave that he could someday become ceo of RadioShack,” said Roberts. “For the past 10 years, we’ve worked together to bring increased value to RadioShack shareholders. We’ve developed an exciting growth strategy, and with Dave leading the day-to-day operations, we’re poised to take the company to the next level. It’s been gratifying for me to mentor Dave and watch him grow into an exceptional leader and manager. His passion for execution, coupled with his vision and strategic prowess, is just what we need to deliver on our Solutions Strategy.”

Two years ago, the board of directors approved the company’s Solutions Strategy developed by Roberts and Edmondson — “to dominate cost effective solutions to meet everyone’s routine electronics needs and families’ distinct electronics wants.”

Edmondson joined RadioShack in 1994 as marketing vp for the retail division.

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