RadioShack Hires FTI Consulting for Restructuring
On December 15, 2014, RadioShack entered into an agreement for advisory and interim management services with FTI Consulting, according to an 8-K filed on December 15, 2014. In connection with the agreement, RadioShack appointed Carlin Adrianopoli as interim CFO.
Effective with the appointment of Adrianopoli, Holly Etlin will no longer serve as interim CFO of RadioShack.
Adrianopoli, 39, has been a senior managing director in the FTI Consulting corporate finance/restructuring practice since 2010 and joined FTI in 2002. Adrianopoli has more than 16 years of experience serving as financial advisor and providing interim management and performance improvement services to corporations, various creditor classes, equity owners and directors of underperforming companies. Adrianopoli’s services to RadioShack are billed by FTI Consulting. He is not separately compensated by RadioShack for his services.
Previously on abfjournal.com: RadioShack Continues Struggle; May Have to File Bankruptcy, December 15, 2014