Telvin P. Jeffries

RadioShack said Wednesday its board approved retention bonuses of up to $1.49 million combined for top executives, aiming to keep its leadership in place during the company's turnaround. Executives are entitled to a bonus if they remain employed by RadioShack through March 1, 2015. Chief Executive Joseph Magnacca is in line to receive $500,000. The remaining funds would go to Chief Financial Officer John W. Feray, Human Resources Chief Telvin P. Jeffries, Executive Vice President of Store Operations Troy H. Risch and Senior Vice President of Store Concepts Michael S. DeFazio.

RadioShack Corporation (NYSE: RSH) today announced that Telvin P. Jeffries has been named executive vice president and chief human resources officer and general manager of retail services, effective Aug. 1, 2012. Mr. Jeffries will report to Jim Gooch, president and CEO of RadioShack Corp. As the Company's human resources leader, Mr. Jeffries's responsibilities will include overall direction of RadioShack's strategies and policies for human capital management. In addition, he will serve as the general manager of RadioShack's retail services unit, which includes the Company's kiosk business that primarily comprises the Target Mobile centers. Jeffries is a 20-year veteran of