News Column

RadioShack Appoints John Feray as CFO

January 28, 2014

RadioShack Corp. announced the appointment of specialty retail industry veteran John W. Feray as its new EVP and CFO, effective February 6 . According to a release, Feray joins RadioShack from Dollar General Corp. , a small-box discount retailer with over 11,000 locations, where he has been SVP-Finance and Strategy since 2008 under both private equity ownership and as a public company. With responsibility for financial planning and analysis, long-term strategic planning, real estate market planning and operational improvement activities, he has been a key contributor to Dollar General's growth. He also played an integral role in the development of the Dollar General strategies for their successful return to the public markets in 2009. Joseph C. Magnacca , CEO, said, "We are extremely pleased to have a finance professional with John's experience join us as we move forward with our turnaround plan. John worked as a key member of the finance team that was responsible for the significant financial improvement at Dollar General , and has the strong operational orientation needed to contribute to our strategic efforts. We will benefit from his leadership and insight as we look to increase our operational efficiency and re-build the business in 2014 and beyond." The company noted that prior to joining Dollar General , Feray served as SVP and CFO of First American Payment Systems . Before that he spent several years as SVP and CFO of Haggar Corp. , the menswear manufacturer and retailer. During his tenure, he oversaw Haggar's transition from a public to a privately owned enterprise. He has a background in financial management which began at Arthur Andersen where he served as an audit manager. Feray is a graduate of Sam Houston State University and a Certified Public Accountant. RadioShack is a national retailer of mobile technology products and services, as well as products related to personal and home technology and power supply needs. More Information: radioshack.com ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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