0001193125-11-251362.txt : 20110919 0001193125-11-251362.hdr.sgml : 20110919 20110919163636 ACCESSION NUMBER: 0001193125-11-251362 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110915 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: 20110919 DATE AS OF CHANGE: 20110919 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: 0519 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05571 FILM NUMBER: 111097627 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 d234038d8k.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): September 15, 2011

 

 

RADIOSHACK CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-5571   75-1047710

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

300 RadioShack Circle, Mail Stop CF3-203

Fort Worth, Texas

  76102
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (817) 415-3011

 

(Former name or former address, if changed since last report.)

 

 

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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


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

On September 15, 2011, the Board of Directors of RadioShack Corporation (the “Company”) elected Julie A. Dobson to the Board of Directors. Ms. Dobson was also elected to serve on the Management Development and Compensation Committee. The Board of Directors determined that Ms. Dobson is an independent director under the regulations of the Securities and Exchange Commission and the listing standards of the New York Stock Exchange.

Ms. Dobson has served as chairman of the board of advisors of TeleBright, Inc. (a telecommunications software company) since 2002. From 1998 to 2002, she served as Chief Operating Officer of TeleCorp PCS, Inc. (a wireless telecommunications carrier). Ms. Dobson also currently serves on the boards of directors of American Water Works Company, Inc., PNM Resources, Inc. and Safeguard Scientifics, Inc.

There is no arrangement or understanding between Ms. Dobson and any other persons pursuant to which she was selected as a director, and there are no transactions to which the Company or any of its subsidiaries is a party and in which Ms. Dobson has a material interest subject to disclosure under Item 404(a) of Regulation S-K.

Ms. Dobson will be compensated for her service on the Board of Directors pursuant to the compensation program that was approved by the Board of Directors on May 19, 2011 for all non-employee directors (the “Program”). Pursuant to the Program, Ms. Dobson will receive an annual board retainer fee of $85,000. She will also receive an initial grant of deferred stock units under the Deferred Stock Unit Plan for Non-Employee Directors (the “DSU Plan”) in an amount equal to the number of shares of the Company’s common stock with a fair market value of $150,000 on September 15, 2011, the date Ms. Dobson attended her first meeting of the Board of Directors. In addition to the Program, Ms. Dobson will be eligible to participate in the Company’s Unfunded Deferred Compensation Plan for Directors (the “UDCP Plan”). Under the UDCP Plan, Ms. Dobson may elect to defer all or 50% of her annual board retainer fee in the form of cash or common stock units. The DSU Plan and UDCP Plan are described further in the Company’s proxy statement filed with the Securities and Exchange Commission on April 20, 2011.

A copy of the press release issued by the Company announcing the election of Ms. Dobson to the Board of Directors is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

99.1 Press Release, dated September 19, 2011.


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 hereunto duly authorized.

 

  RadioShack Corporation
  (Registrant)
Date: September 19, 2011  

/s/    James F. Gooch        

  James F. Gooch
  President and
  Chief Executive Officer
  (principal executive officer)


EXHIBIT INDEX

 

Exhibit
No.

  

Description

99.1    Press Release, dated September 19, 2011.
EX-99.1 2 d234038dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

LOGO   NEWS RELEASE

For immediate release

RadioShack Appoints Julie A. Dobson to Board of Directors

FORT WORTH, Texas, Sept. 19, 2011 — RadioShack Corp. (NYSE: RSH), a leading national retailer of innovative mobile and technology products, services and accessories, today announced that Julie A. Dobson, a 30-year veteran of the telecommunications and wireless industry, has been elected to the Company’s Board of Directors.

Ms. Dobson, 55, has served since 2002 as chairman of Telebright, Inc., a private consulting firm that oversees the development and launch of telecom software applications and mobile applications for business-to-business and business-to-consumer markets. She was previously the chief operating officer of a wireless venture, TeleCorp PCS, Inc., of Arlington, Va., from 1998 to 2002, when the firm was sold to AT&T Wireless Services, Inc.

“We welcome Julie Dobson as an important addition and resource to our Board,” said Daniel R. Feehan, RadioShack’s non-executive chairman of the board. “As we increase our focus on the mobility space, her background and experience in relevant technology, markets and operations will be invaluable.”

Ms. Dobson’s election expands the Board’s membership from seven to eight directors. She joins the Board’s Management Development and Compensation Committee.

Ms. Dobson earned her bachelor’s degree from The College of William and Mary in Williamsburg, Va., and her master’s of business administration from the University of Pittsburgh in Pittsburgh, Pa. She serves on the boards of the American Water Works Company, Inc., a multi-state publicly traded utility; PNM Resources, Inc., an energy holding company; and Safeguard Scientifics, Inc., which provides growth capital for life-sciences and technology firms.

About RadioShack Corporation

RadioShack is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs. The Shack® offers consumers a targeted assortment of wireless phones and other electronic products and services from leading national brands, exclusive private brands and major wireless carriers, all within a comfortable and convenient shopping environment. RadioShack employs approximately 33,000 people globally, including a team of friendly and helpful sales experts who are recognized for delivering the best customer service in the wireless industry. RadioShack’s retail network includes approximately 4,675 company-operated stores in the United States and Mexico, more than 1,475 wireless phone centers in the United States, and approximately 1,140 dealer outlets worldwide. For more information on RadioShack Corporation, please visit www.radioshackcorporation.com; to purchase items online, please visit www.radioshack.com. RadioShack® and The Shack® are registered trademarks licensed by RadioShack Corporation.

Analysts and investors contact:

Molly R. Salky, vice president of investor relations

817.415.3189 or molly.salky@radioshack.com


Members of the media contact:

Media relations

817.415.3300 or media.relations@radioshack.com

# # #

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