Monday, March 29, 2010

"Day...appears to be angling for an outright sale of RadioShack so he can 'take the money and run'"

RadioShack's CEO Julian Day gets the NYPost treatment. I don't believe you'd ever read this in the papers here: "The smooth-talking Brit known for his vise-like grip on RadioShack's operations and finances cuts an elegant figure at the retailer's headquarters in Fort Worth, Texas, with a penchant for $5,000 suits. Nevertheless, he hasn't taken up permanent residence in Texas, with his family holed up in Montana since he took the helm at RadioShack in 2006. 'They've tried to get [Day] involved in the local community, but it isn't happening,' according to one source."

Julian Day's contract ends this summer and he'd make around $93 million in a sale. That leaves -- what? -- a month to make it happen.

1 comment:

dan said...

the son of bitch wears $5000 suits but he pays his managers CRAP....