Barely a week after leaving RadioShack, Troy Risch has landed on his feet at rival electronics retailer H.H. Gregg where he will serve as chief operating officer.
Risch will assume his new COO duties at H.H. Gregg May 5. He most recently served as EVP of store operations at RadioShack for 16 months, but left the company April 22. Assuming a leadership role at H.H. Gregg might seem like a potential violation of a non-compete agreement, closer inspection shows that H.H. Gregg and RadioShack don’t have that much in common from a product assortment standpoint.
Indianapolis-based H.H. Gregg, operator of 228 stores, sells a broad assortment of big ticket appliances and electronics along with some small household appliances, camera and video equipment, fitness equipment and even bedding. There is some overlap in assortment, mainly in the area of small electronics item, but H.H. Gregg doesn’t play in the mobile phone space which is a big emphasis at RadioShack.
“Troy’s wealth of experience and industry knowledge will make him a key addition to H.H. Gregg’s executive team. As we continue to transform the company, Troy’s expansive experience in retail store operations and real estate will be instrumental in driving the strategic initiatives for H.H. Gregg’s long-term growth. We look forward to Troy joining the team,” said Dennis May, president and CEO of H.H. Gregg.
Prior to RadioShack, Risch spent 19 years with Target where he last held the position of EVP of stores.