RadioShack hires former Kmart, Sears executive

RadioShack Corp. on Friday announced the appointment of former Kmart and Sears executive Julian Day as chairman and chief executive officer of the electronics retailer. Its shares climbed more than 13 percent.

Day, 54, replaces David Edmondson, who resigned in February because of questions about claims on his resume. Claire Babrowski, the company’s president and chief operating officer, has served as acting CEO since Edmondson’s departure.

Day most recently served as chief executive officer of Kmart Holding Corp., the former parent company of Kmart, which he led out of bankruptcy, RadioShack said in a statement.

Day’s previous positions included chief financial officer and chief operating officer at Sears, and executive vice president and chief financial officer for Safeway Inc.