RadioShack CFO Resigns Amid Murky Outlook and Bankruptcy Worry

RadioShack shares moved higher on Monday after CFO John Feray announced he was leaving the company after just seven months on the job. The resignation was effective immediately and RadioShack's long-time advisor, Holly Etlin, assumed the role of the interim CFO once more. Feray came to the electronic retailer from family store Dollar General. His departure comes when RadioShack's future looks murky. Just one week ago, RadioShack said it was considering all possible ways to restructure, including filing for bankruptcy. Interim CFO Holly Etlin served in the same role in the second half of 2013. Her job is carved out clearly: seek and negotiate a buyout deal to avoid full liquidation. Two days ago, the chain store said it has been in discussion with a number of interested parties, but nothing was solidified yet.