From Home Furnishing Business
Tuesday Morning Names Fred Hand as CEO
Off-price home furnishings retailer Tuesday Morning has announced Fred Hand as its new CEO and a member of the board of directors, effective May 17. Hand most recently served as chief operating officer of Burlington Stores, Inc.
"After a comprehensive search for a new CEO and interviews with several high-quality candidates, we are confident Fred is the ideal choice to lead Tuesday Morning's future growth,” said Sherry Smith, chairperson of the board. “Fred is an exceptional retailer with outstanding operating, merchandising, and leadership skills, and importantly has a deep understanding of the off-price business model. His record of strong leadership at Burlington and extensive experience at other leading retailers, will be instrumental in driving long-term value for Tuesday Morning."
Hand has served as principal and chief operating officer of Burlington since July 2020 and was responsible for leading its stores and real estate organizations. From January 2017 through July 2020, Hand served as chief customer officer/principal and prior to that served as executive vice president of stores. Prior to joining Burlington, Hand served as senior vice president, group director of stores of Macy's, Inc. from March 2006 to February 2008. From 2001 to 2006, Hand served as senior vice president, stores and visual merchandising of Filene's Department Stores. Hand held various other positions at The May Department Stores Company from 1991 to 2001, including area manager, general manager, and regional vice president.
"I am honored and thrilled to take on the role as Tuesday Morning's next CEO,” said Hand. “Tuesday Morning is an iconic brand with a great opportunity to lead in the off-price retail sector. I look forward to working closely with the company's board, management team and talented associates to take the company to the next level. I am motivated to build this organization to one that will not just compete, but win."
Hand's appointment follows the previously announced transition of Steven Becker, who will step down from his role as CEO and director. Becker will continue to serve in a consultancy role until September 30, 2021 to ensure a smooth transition.