Tuesday Morning names new CFO
(Associated Press Via Acquire Media NewsEdge) DALLAS (AP) — Tuesday Morning Corp. said Monday that it has named Jeffrey Boyer as chief administrative officer and chief financial officer of the discount home accessories retailer.
Boyer, a former 24 Hour Fitness executive, fills the existing CAO vacancy and steps in as CFO for Stephanie Bowman, who has decided to pursue other professional interests. Bowman will remain with Tuesday Morning as a consultant to help with the transition.
Boyer worked most recently as chief operating officer of 24 Hour Fitness Worldwide, a privately owned fitness chain, and formerly was CFO there. He has also served as CFO of craft retail chain Michaels Stores Inc. and department stores Kmart and Sears, Roebuck & Co.
Tuesday Morning's CEO Michael Rouleau previously worked with Boyer at Michaels and said he can attest to his wealth of retail experience and ability to help transform organizations.
Tuesday is trying to reshape itself under the Rouleau, who took over in March. It has 820 stores that sell deeply discounted home accessories, housewares and other products. The Dallas company is working to recover from an extended period of soft sales, due to the weak economy and tough competition.
The company also said Monday that board members Starlette Johnson and David Green will not stand for re-election at the company's next annual meeting.
Tuesday Morning's stock added 32 cents to close regular trading at $12.71.
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