Tuesday Morning appoints new CEO
Casual Living Staff -- Casual Living, 9/4/2012 3:09:53 PM
DALLAS — Nearly three months after the company abruptly dismissed its former CEO, Tuesday Morning today announced it has found a replacement with the appointment of closeout retail veteran Brady Churches to the post, effectively immediately.
Churches has also been named to the company's board of directors.
Churches brings more than 35 years of experience to the ceo position at 850-unit Tuesday Morning. Most recently, he was with Columbus, Ohio-based Marketing Results Ltd., where he served as president. He began his career in retail in 1976 at Big Lots Inc., where for more than 20 years he served in roles of increasing responsibility that included president from 1993-1995. During his tenure there, he was credited with playing a pivotal role in the transforming of Big Lots from an automotive discount retailer into a major off-price chain, constructing a footprint of 500 retail units, 10,000 employees, and $1.8 billion in annual revenue.
"Of particular note, he spearheaded efforts in strategic sourcing, purchasing, distribution, allocation, advertising, and marketing while developing the scalable infrastructure needed to support growth, protect margins and profitability, and secure and retain top market position," noted Tuesday Morning.
From 2002 to 2006, Churches served as president of the home store division of Value City Department Stores.
"The board was searching for a 'master merchandiser,' and we believe Brady's track record of merchandising excellence, combined with his high-energy, entrepreneurial mindset, will serve Tuesday Morning very well," said Bruce Quinnell, chairman of the board. "We were particularly drawn to his demonstrated success engaging retail customers with the best products delivered at excellent values. This is the core of the Tuesday Morning mission, and the board is confident that our customers, employees, and shareholders will benefit from his leadership."
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