Tuesday Morning seeks new CEO following emergence from bankruptcy

By Sarah Lizee

Olympia, Wash., Jan. 19 – Tuesday Morning Corp. is seeking a new chief executive officer following its emergence from Chapter 11 bankruptcy, according to an 8-K filing with the Securities and Exchange Commission.

The company’s current CEO, Steven R. Becker, will not have his employment agreement renewed on June 30. If the company does not find a new CEO by then, Becker will serve as CEO and director until a successor has been named.

Tuesday Morning has also appointed four new directors to its board, effective Dec. 31, according to a press release.

Anthony F. Crudele, Douglas J. Dossey, W. Paul Jones and John H. Lewis have joined continuing directors Steven Becker, Frank Hamlin, Reuben Slone, Sherry M. Smith and Richard Willis.

Also effective Dec. 31, Terry Burman, James T. Corcoran and Barry S. Gluck retired from the board.

Additionally, Smith has been named chairperson of the board. She has served on Tuesday Morning's board since April 2014.

Tuesday Morning is a discount off-price retailer based in Dallas. The company filed bankruptcy on May 27, 2020 under Chapter 11 case number 20-31476 and emerged on Dec. 31.

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