Business
Tuesday Morning Announces CEO Transition Plan and New Members of the Board of Directors Following Successful Restructuring Process
Tuesday Morning Announces CEO Transition Plan and New Members of the Board of Directors Following Successful Restructuring Process.
About this update from Tuesday Morning Corp New
[{"type":"text","content":"\n\n\n\nTuesday Morning Announces CEO Transition Plan and New Members of the Board of Directors Following Successful Restructuring Process\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nTuesday Morning Announces CEO Transition Plan and New Members of the Board of Directors Following Successful Restructuring Process\nSteven Becker to continue to serve as CEO role until a successor is named to ensure a seamless transition\nBoard initiates CEO search process\nSherry M. Smith named Chairperson of the Board of Directors\nPR Newswire\nDALLAS, Jan. 19, 2021\n\n\n\nDALLAS, Jan. 19, 2021 /PRNewswire/ -- Tuesday Morning (\"Tuesday Morning\" or the \"Company\") (OTC:TUEM) today announced the leadership transition following the Company's successful reorganization completed in late December. Mr. Becker will serve in his current capacity as Chief Executive Officer and Director until a successor has been named to ensure a seamless transition. The Board and Mr. Becker are united in their commitment to the Company's future success as a leader in the off-price sector. To reflect that commitment, the Board is commencing a search process to identify the Company's next CEO, retaining a leading executive search firm to assist in a thorough search process.  \n\"I am extremely proud of what our team has accomplished during my five years as CEO,\" said Mr. Becker. \"Most recently we successfully completed our financial and operational reorganization and have emerged as a stronger company. Tuesday Morning is poised for a bright future in the off-price home goods market and is well-positioned to continue serving our valued customers and business partners. I look forward to working closely with the Board and my successor to ensure a seamless transition.\" \nSherry M. Smith, Chairperson of the Board, said, \"Steven has successfully navigated the Company through a very challenging year. As we enter our next phase of growth, Steven and the Board believe that it is the right time to transition leadership. We appreciate Steven's commitment to lead the Company and continued support to facilita...