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Tuesday Morning's chairman switches to chief executive role

Chairman Steven Becker is taking over chief executive officer duties

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Tuesday Morning started out doing garage sales

Discount retail outfit Tuesday Morning (NASDAQ:TUES) said chairman Steven Becker would be taking over chief executive officer duties, effectively immediately.

He succeeds Michael Rouleau, who retired from the board back in September.

Meanwhile, lead independent director Terry Burman moves into the chair that Becker has vacated.

Burman was formerly chief executive officer of Signet Jewelers and chairman of Zale.

The no-frills retailer has close to 800 stores across the US and specializes in end-of-line sales of medium to high-end branded items.

Quick facts: Tuesday Morning Corporation

Price: 0.465 USD

NASDAQ:TUES
Market: NASDAQ
Market Cap: $22.33 m
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