Hancock Fabrics CEO leaving

By The Associated Press

BALDWYN — Hancock Fabrics Inc. said Friday that the contract of president and chief executive Jane Aggers will not be renewed.

The Baldwyn, Miss.-based company said Aggers will leave Hancock on January 28 and resign from its board.

Board member Steven Morgan will be president and CEO while a board committee searches for a successor.

Aggers had been CEO for six years. Hancock sucessfully emerged from bankruptcy reorganization in 2008.

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