RadioShack looking for a new CEO—again

RadioShack has lost its CEO after he served only nine months on the job.

Ron Garriques has stepped down as chief executive of the consumer electronics chain in order “to pursue other interest in a role that will put him back closer to his family,” the retailer said in a statement to the Fort Worth Star-Telegram. The company's CFO, Gordon Briscoe, will serve as interim CEO until a replacement is found.

Garriques, who previously held executive positions at Dell and Motorolo, took the reins of RadioShack in April 2015, after the company was bought in a bankruptcy court by hedge fund Standard General.

In addition to Garriques, chief revenue officer Marty Amschler is leaving RadioShack, the Star-Telegram reported. He joined the company in 2009.

The sudden departure of Garriques and Amschler raises speculation that the chain’s fourth quarter was less than stellar despite its remerchandising efforts and updated marketing efforts.

Garriques’ resignation comes on the heels of news that his immediate predecessor, Joe Magnacca, has beenappointedCEO of Massage Envy, a national subscription massage and skincare chain.