NEW CHAIRMAN ANNOUNCED AT INTERTAN INC.
BARRIE, Ontario., Jan. 10 /PRNewswire/ -- InterTAN Inc. announced today that Mr. John A. Capstick has assumed responsibility as Chairman of the Board effective Jan. 1, 1994. The Company has had the benefit of Mr. Capstick's experience since he became a member of the InterTAN board at the time of the Company's inception and will continue to seek his advice in his expanded role. He recently retired as a Group President of R. R. Donnelley & Sons Company, the world's largest commercial printing company and a global leader in managing, reproducing and distributing print and digital information. Mr. John H. McDaniel, retiring Chairman and also a Director since the Company's inception will remain on the board where his valued counsel will continue to be available to assist in the overall direction of the Company. Mr. McDaniel was formerly Senior Vice President and Controller of Tandy Corporation (NYSE: TAN) until his retirement in 1989. Tandy Corporation is the Company's major supplier of private label products and licensor of the tradenames under which InterTAN operates. InterTAN Inc. is a consumer electronics retailer operating company retail stores and dealer outlets in Canada, the United Kingdom and Australia under the trade names of Radio Shack, Tandy & Tandy Electronics. -0- 1/10/94 /CONTACT: James B. Williams, president and chief executive officer of InterTan, 705-728-6262/ (TAN)
CO: InterTan, Inc.; Tandy Corporation ST: Ontario IN: REA CPR SU: PER
SH-SP -- NY032 -- 0491 01/10/94 10:24 EST
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|Date:||Jan 10, 1994|
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