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Competitor Monitoring: RadioShack Hires Walgreen Exec As New CEO

February 6, 2013
Profitero
Written By
Profitero

Consumer electronics retailer RadioShack has appointed Joseph Magnacca, a Walgreen executive, as its new chief executive officer. He will take up the position on February 11.

Magnacca joined Walgreen three years ago when the company acquired the Duane Reade drug store chain. He helped drive the transformation of Walgreen’s drug stores into more upmarket outlets. Last week, the Walgreen executive was promoted to executive vice president and president of daily living products and solutions at the drugstore giant.

Bryan Pugh, the current VP of well experience deployment, will take over Magnacca’s responsibilities at Walgreen on an interim basis.

© 2013 Profitero

About Profitero

Pricing intelligence company Profitero provides retailers with actionable price intelligence data, monitoring over 50 million products across 4,000 eCommerce retailers every day, observing pricing, promotions and stock availability. We work with the world’s leading retailers, enabling them to acquire new customers and grow profit margins by monitoring and responding to changes in competitor pricing and promotional activity as they happen. For more information on Profitero price intelligence and competitor monitoring, visit www.profitero.com or email sales@profitero.com

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