Dive Brief:
Tuesday Morning CEO Steven Becker is set to leave his post and board directorship this year, the company said just two weeks after it exited Chapter 11 bankruptcy.
Becker recently signed an employment agreement that expires in June and will not be renewed, according to a securities filing. However, Becker will stay on if a new chief hasn t been named by then. Becker also agreed to work as a consultant through Sept. 30 to help with the transition.
Tuesday Morning also shuffled its board in December, on its way out of bankruptcy. Joining as directors are former Tractor Supply CFO Anthony Crudele; Douglas Dossey, co-founder of private equity firm Tensile Capital Management; former Payless CEO W. Paul Jones; and John Lewis, founder of hedge fund Osmium Partners.