Tandy Brands Accessories, Inc. announced that Mr. N. Roderick McGeachy, III had submitted his resignation as Chairman of the Board, Chief Executive Officer and President and a director of the Company, effective September 6, 2013. Mr. McGeachy's resignation was not a result of any disagreement with the Company or other members of management. Mr. McGeachy is expected to return to North Carolina to pursue other opportunities and to be closer to family.

The Company announced that Mr. Roger Hemminghaus, a director since June 2000 and the Company's lead independent director, has been appointed as the Company's interim Chief Executive Officer and Chairman of the Board. Mr. Hemminghaus has extensive knowledge of the Company's operations and significant experience in leadership positions within publicly-traded companies.