SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: April 19, 1996
Date of Earliest Event Reported: April 18, 1996
TANDYCRAFTS, INC.
A DELAWARE CORPORATION
1-7258 75-1475224
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(Commission File Number) (IRS Employer Identification No.)
1400 Everman Parkway
Fort Worth, Texas 76140
(817) 551-9600
ITEM 5. OTHER EVENTS
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(a) On April 18, 1996, Registrant issued a press release announcing
the resignation of Jerry L. Roy as Chief Executive Officer of the
Company.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(c) Exhibits.
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Exhibit
Number Description
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99 Copy of press release announcing the resignation
of Jerry L. Roy as Chief Executive Officer of the
Company
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf of the
undersigned thereunto duly authorized.
TANDYCRAFTS, INC.
Date: April 19, 1996 By:/s/ James D. Allen
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James D. Allen
Vice President
FOR IMMEDIATE RELEASE
TANDYCRAFTS, INC. CHIEF EXECUTIVE RESIGNS
Fort Worth, Texas. April 18, 1996 -- TANDYCRAFTS, INC. (NYSE: TAC) announced
today that Jerry L. Roy has resigned as Chief Executive Officer of the Company
effective immediately. Michael J. Walsh who has been employed at Tandycrafts
for 15 years and has been the Chief Financial Officer since 1992 has been named
by the Board to serve as Acting Chief Executive Officer.
Tandycrafts, Inc. is a specialty retailer and manufacturer. Included in
its Specialty Retail segment are Tandy Leather Company, Joshua's Christian
Stores, Cargo Furniture & Accents, and Sav-On Discount Office Supplies. Its
Specialty Manufacturing segment is comprised of two manufacturing divisions:
Frames and Framed Art and Tandy Wholesale International ("TWI").
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