Fox Business - The Power to Prosper
Search Site

Julian Day

Former RadioShack Chief Received Nearly $4 Million Severance Payment

Former RadioShack Corp. (RSH) Chief Executive James F. Gooch earned a nearly $4 million severance payment after leaving the company last year, pushing his total compensation up 16%.Mr. Gooch's overall compensation was valued at $6.8 million last year despite a 25% lower salary payment. The value of his option awards for 2012 slumped to $680,866 from $2.4 million a year earlier, but that was more than offset by a $3.9 million termination payment, according to a filing with the Securities and Exchange Commission.Mr. Gooch left the Fort Worth, Texas, retailer on Sept. 25 after a little more than a year at the helm. Before that, he served as the company's chief financial officer under former CEO Julian Day.RadioShack has struggled with dwindling revenue over the past two years as more consumers shop for electronics online. Analysts say the company's focus on selling more expensive mobile devices such as Apple Inc.'s (AAPL) iPhone helped stanch sales declines in some quarters but did little...

Read More

  1. Best Buy Board Investigates Former CEO

    FBN’s Liz MacDonald on the investigation into former Best Buy CEO Brian Dunn by the company’s board.

  2. CEO Turnover Down 9% in January Versus Year Ago

    The new year began with 96 chief executive officer changes, a CEO turnover report released Wednesday revealed. The changes, announced in January by U.S.-based compan...

  3. Al Lewis: RadioShack Still Just a Shack

    I went to RadioShack (NYSE:RSH) on Monday for help fixing my radio.I'd ripped its AM antenna. A RadioShack guy took one look at the tiny plug receptacle where the an...

  4. Dow Barrels Toward 12000 as Techs, Materials Soar

    FOX Business: The Power to ProsperAfter a week of hesitation, the blue chips soared more than 100 points and almost brushed up against the 12000 threshold on Monday ...

  5. RadioShack CEO to Retire, Preliminary 4Q Results Miss Estimates

    RadioShack (NYSE:RSH) tumbled to a 52-week low on Monday after announcing the retirement of its chief executive, Julian Day, and weak fourth-quarter preliminary resu...

  6. RadioShack Leads Sector Lower; Penney Up

    NEW YORK -- Retail stocks fell on Monday after electronics retailer RadioShack Corp. gave a fourth-quarter outlook that fell short of Wall Street expectations. It al...

  7. Smartphones Drive RadioShack 3Q Beat

    Lifted by sales of smartphones, RadioShack (NYSE:RSH) said Monday it grew its third-quarter profits by a stronger-than-expected 23%.The electronics retailer said it ...

Freebase CC-BY
Source: Julian Day on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL