Tandy Leather Chairman Thompson resigns
Fort Worth-based Tandy Leather Factory said Tuesday that Chairman Wray Thompson
resigned from his position and as a member of the company's board effective immediately. Joseph Mannes, a director since 1998 and chairman of the audit committee, was named acting chairman until the next annual meeting of shareholders "or until his successor has been elected and qualified." William M. Warren, currently secretary and general counsel, was elected a director. He is also president and director of Loe, Warren, Rosenfield, Kaitcer, Hibbs,
Windsor & Lawrence, P.C., a Fort Worth law firm.
In a prepared release, Thompson said: "My career with Tandy Leather has been a rewarding one. But even more satisfying is knowing that I leave this company in the capable hands of a solid board and management team. They have a strong belief in Tandy Leather's potential and a great vision
for getting there. I am confident that they will continue to manage the company with great success."
Tandy Leather (ticker: TLF) has 29 Leather Factory stores in 19 states and Canada, 78 Tandy Leather retail stores in 37 states Canada, and three combination wholesale/retail stores in the United Kingdom, Australia, and Spain.
-- Jim Fuquay