-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LevlMuev9JXGvU99Ex4J0DwqsKXza8DS17lWdmjF7BIM25hVSiI8sOj2PXO9JSxU k8jR0h5Vvf3+uI+zare0Ow== 0001193125-09-135020.txt : 20090622 0001193125-09-135020.hdr.sgml : 20090622 20090622172831 ACCESSION NUMBER: 0001193125-09-135020 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20090622 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090622 DATE AS OF CHANGE: 20090622 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RADIOSHACK CORP CENTRAL INDEX KEY: 0000096289 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 751047710 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05571 FILM NUMBER: 09904142 BUSINESS ADDRESS: STREET 1: 300 RADIOSHACK CIRCLE CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-415-3700 MAIL ADDRESS: STREET 1: 300 RADIOSHACK CIRCLE CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: TANDY CORP /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: TANDY LEATHER CO DATE OF NAME CHANGE: 19681216 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN HIDE & LEATHER CO DATE OF NAME CHANGE: 19660825 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 22, 2009

 

 

LOGO

RADIOSHACK CORPORATION

(Exact name of registrant as specified in its charter)

 

 

001-05571

(Commission File Number)

 

Delaware   75-1047710

(State or other jurisdiction

of incorporation)

 

(I.R.S. Employer

Identification No.)

 

300 RadioShack Circle, Mail Stop CF4-101  
Fort Worth, Texas   76102
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (817) 415-3700

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

 

 


Section 1 – Registrant’s Business and Operations

 

Item 1.01 Entry into a Material Definitive Agreement.

See Item 5.02 for a discussion of the Offer Letter, entered into between RadioShack Corporation (the “Company”) and Ms. Sharon Stufflebeme, the Company’s newly appointed Senior Vice President – Chief Information Officer.

Section 5 – Corporate Governance and Management

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 22, 2009, the Company announced that it had appointed Ms. Sharon Stufflebeme to the position of Senior Vice President – Chief Information Officer. Ms. Stufflebeme will report to Chairman and Chief Executive Officer Julian C. Day.

Before joining RadioShack, Ms. Stufflebeme served as Senior Vice President – Chief Information Officer for 7-Eleven, Inc., where she began working in 2004. Before working for 7-Eleven, Inc., she worked for Anderson Consulting, Hitachi Consulting, and Michaels Stores.

In connection with Ms. Stufflebeme’s appointment as Senior Vice President – Chief Information Officer, the following sets forth Ms. Stufflebeme’s base salary, sign-on bonus, and 2009 annual bonus.

Base Annual Salary: $350,000

Sign-on Bonus: $25,000

2009 Annual Bonus: $245,000

Ms. Stufflebeme’s annual target bonus is equal to 70% of her base salary and payment is subject to the Company achieving certain performance metrics. Ms. Stufflebeme’s annual bonus for 2009 will be prorated for the period of time she was employed by the Company, but is guaranteed to be no less than $75,000.

Ms. Stufflebeme will participate in the Company’s Long Term Incentive Compensation Plan covering calendar years 2008, 2009 and 2010, payable in 2011. Under this three year plan, Ms. Stufflebeme’s target bonus is equal to 70% of her base salary, or $245,000. In addition, Ms. Stufflebeme will participate in the Company’s Long Term Incentive Compensation Plan covering calendar years 2009, 2010 and 2011, payable in 2012. Under this three year plan, Ms. Stufflebeme’s target bonus is also equal to 70% of her base salary. Payments made pursuant to the three year plans referenced above are subject to the Company achieving certain performance metrics. Ms. Stufflebeme’s target bonuses under these Long Term Incentive Compensation Plans will also be prorated for the period of time she was employed by the Company.

Ms. Stufflebeme will also be eligible to participate in the Company’s health and welfare plans, 401(k) plan, Officers’ Severance Program, and Executive Life and Long Term Disability benefits.

Section 9 – Financial Statements and Exhibits

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

The exhibits listed in the accompanying Index to Exhibits are furnished as part of this current report.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized this 22nd day of June, 2009.

 

RadioShack Corporation
(Registrant)
By:  

/s/    James F. Gooch

  James F. Gooch
  Executive Vice President -
  Chief Financial Officer
  (Principal Financial Officer)


EXHIBIT INDEX

 

Exhibit No.

  

Description of Exhibit

99.1    Press Release, dated June 22, 2009.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

LOGO

 

   NEWS RELEASE

FOR IMMEDIATE RELEASE

   RSH-2009-011

Investor Contact:

   Media Contact:

Phyllis Proffer

   Wendy Dominguez

Investor Relations

   Media Relations

(817) 415-3189

   817-415-3300

investor.relations@radioshack.com

   Media.Relations@RadioShack.com

RadioShack Corporation Names Sharon Stufflebeme as

Senior Vice President and Chief Information Officer

FORT WORTH, Texas (June 22, 2009) – RadioShack Corporation (NYSE: RSH) today announced the addition of Sharon S. Stufflebeme as its new senior vice president and chief information officer reporting to Chairman and Chief Executive Officer Julian Day.

“Sharon has extensive experience in the management and strategic development of information technology,” said Julian Day, chairman and chief executive officer. He added, “Her disciplined approach will help RadioShack drive technology solutions to help achieve our business goals and operating initiatives.”

Stufflebeme earned a Bachelor’s degree from the University of Dallas in 1983 and an MBA from the University of Texas in 1986. She began her career at Andersen Consulting and has also worked at Hitachi Consulting and Michaels Stores. Immediately prior to joining RadioShack, Stufflebeme was the senior vice president and chief information officer for 7-Eleven, a company she joined in 2004.

About RadioShack Corporation

RadioShack Corporation (NYSE: RSH), headquartered in Fort Worth, Texas, is one of the nation’s most experienced and trusted consumer electronics specialty retailers. Operating from convenient neighborhood and mall locations, RadioShack offers customers innovative products and solutions by leading national brands. Knowledgeable sales associates are committed to enhancing the RadioShack shopping experience by listening to customers, offering advice and helping customers choose the best technology solution to meet their personal needs. The company has approximately 4,400 company-operated stores; almost 1,400 dealer outlets; nearly 700 wireless phone kiosks throughout the U.S.; and approximately 200 company-operated stores in Mexico. For more information on RadioShack Corporation, or to purchase items online, visit www.RadioShack.com.

# # #

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