Tuesday Morning Replaces CEO

Tuesday Morning Corp. (NASDAQ: TUES  ) CEO Brady Churches has resigned after six months on the job. The company today announced the appointment of Michael Roulea, a Tuesday Morning board member who most recently served as CEO of Michaels Stores, as interim CEO.

Churches will remain with the company as a consultant. He was named president and CEO on Sept. 1, 2012, about three months after the company announced it had "relieved" Kathleen Mason of her duties as president and CEO.

"The Board recognizes Brady's merchandising expertise and the Company's recent top line momentum, and is pleased he will serve as a consultant," Steven R. Becker, chairman of Tuesday Morning's board, was quoted as saying in the company press release.

Churches was quoted as saying: "After recent discussions, the Board and I have determined that this transition is in the Company's best interest. I am proud of the team's progress, particularly with respect to merchandising and new initiatives aimed at improving the overall guest experience."

Closeout retailer Tuesday Morning has more than 830 stores in 43 states selling discounted, upscale decorative home accessories, housewares, and gifts.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2291600, ~/Articles/ArticleHandler.aspx, 12/22/2014 10:37:45 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement