Tuesday Morning Appoints Steven Becker As CEO, Effective Immediately

(RTTNews) - Off-price retailer Tuesday Morning Corp. (TUES) said it has appointed Steven Becker as CEO, effective immediately.

Becker has led Tuesday Morning's Office of the Chairman since September 28, 2015, and served as the company's Chairman of the Board since 2012.

While Becker will continue to serve on the company's board, Lead Independent Director Terry Burman will assume responsibilities as Board Chair. Burman brings specialty retail experience to the Chairmanship, including serving as CEO of Signet Jewelers Ltd. (SIG) and, more recently, Chairman of the Board of Zale Corp.

In late September, Tuesday Morning said that Michael Rouleau retired as CEO and a member of the company's board of directors, with immediate effect. However, Rouleau agreed to remain with the company in a consultative capacity until March 31, 2016 to help ensure a smooth transition.