Hancock Fabrics names new CEO

By Carlie Kollath/NEMS Daily Journal

Baldwyn-based Hancock Fabrics has named Steven R. Morgan its new president and CEO.

Morgan has been the interim CEO and president since January 2011.

Morgan, 59, has been on the board of directors since June 2010

Morgan has more than 30 years of retail experience, according to a press release from the company.

Most recently, he was president of GameStop Corp.

In addition, he is an operating partner with Verite Capital Partners, a private equity and consulting firm, and was a director of Movie Gallery.

Read our business blog, Biz Buzz, for more information (click here).