FORT WORTH, Texas—The front-office shuffle continued at RadioShack Corp. as President and Chief Operating Officer Claire Babrowski said she will step down at the end of the month.
Babrowski joined the company last summer and was named interim CEO in February after dubious resume claims forced the departure of previous CEO David Edmondson. She was passed over for the post, though, when Julian Day was named as permanent CEO last month.
RadioShack has been buffeted this year by shrinking profits and declining sales, particularly of its wireless offerings. The company is shuttering hundreds of stores nationwide and plans to let 400 to 450 employees go from its headquarters by the end of the month.
Babrowski follows former CFO David Barnes, who last month said he is leaving the electronics retailer to take a job with Western Union Holdings Inc. Barnes is expected to join the Denver-based subsidiary of First Data Corp. this month.
The company said it has no plans to fill Babrowski’s position and declined to disclose her plans.
“I am proud of the progress we made together,” the 49-year-old executive said in a statement, “and will be cheering from the sidelines as they take RadioShack to the next horizon.”
Shares of RadioShack tumbled Friday following the announcement, but rebounded slightly Monday morning, gaining 14 cents, or less than 1 percent, to $17.82.
