FORT WORTH, Texas, Feb. 20 /PRNewswire-FirstCall/ -- The following was released today by David Edmondson of RadioShack Corporation :
For the last 11 years, it has been my privilege to be associated with RadioShack. During this time, we became the largest indirect seller of wireless phone service in the United States, an achievement I credit to the hard working people in our stores, who provide real solutions for our customers. As CEO, I am most proud of the executive team I have assembled over the past year. I have great respect for them and know that they will achieve great success together.
At this time the board and I have agreed that it is in the best interest of the Company for new leadership to step forward so that our turnaround plan has the best possible chance to succeed, as I know it will.
I've been honored to work with a tremendously talented team that has put together a strong plan, repositioning the Company to deliver increased value to shareholders. RadioShack is a good company, that has both the will and the plan to be a truly great Company, and I wish everyone great success.
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