RadioShack (RSH) names Joe Magnacca, until now the head of Walgreen's (WAG) marketing and...

|About: RadioShack Corporation (RSH)|By:, SA News Editor

RadioShack (RSH) names Joe Magnacca, until now the head of Walgreen's (WAG) marketing and merchandising ops, its new CEO and a board member, effective Feb. 11. Magnacca's hiring comes 4 months after Jim Gooch stepped down as CEO following a tumultuous reign. CFO Dorvin Lively has been serving as interim chief since then. Shares +1% AH. (PR)