Monday, August 21, 2006

RadioShack’s President, COO Leaving

RadioShack loses it's third senior executive in the past seven months.

http://www.twice.com/article/CA6363872.html

In a release today, Babrowski thanked all of her RadioShack
coworkers who have “made my time here so memorable. I am proud of the progress
we made together and will be cheering from the sidelines as they take RadioShack
to the next horizon,” she said.
Neither RadioShack nor Babrowski offered up
information with a reason for her departure or her plans for the future.

Babrowski's departure follows not only the loss of former President David Edmondson last February, but also CFO David Barnes, who stepped down on July 18th, the week after Babrowski was appointed President and COO.

http://marketnews.ca/news_detail.asp?nid=1946

I imagine that RadioShack's plunging net income wasn't a factor in the CFO and President's decisions to pursue other avenues of opportunity.

http://marketnews.ca/news_archive_detail.asp?nid=1604

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