Daily News: October 30, 2014

RadioShack Hires GM Turnaround Expert for Comeback

Bloomberg reported RadioShack named former U.S. Treasury Department adviser Harry Wilson as its chief revitalization officer, enlisting a turnaround expert who helped restructure General Motors and Chrysler.

According to Bloomberg , RadioShack cited Wilson’s experience reviving U.S. automakers in the wake of the recession, as a senior member of the Auto Task Force, which led the Treasury Department’s role in revamping GM and Chrysler.

Previously on abfjournal: Fitch: RadioShack’s New Financing Plan a Short-Term Respite, October 7, 2014

To read the entire Bloomberg article, click here.