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TANDYCRAFTS ANNOUNCES CORPORATE REALIGNMENT

 TANDYCRAFTS ANNOUNCES CORPORATE REALIGNMENT
 FORT WORTH, Texas, Jan. 10 /PRNewswire/ -- Tandycrafts, Inc.


(NYSE: TAC) announced today that, effective immediately, Kenneth L. Gregson will relinquish his duties as president and chief executive officer of Tandycrafts, Inc. He will continue to serve as chairman of the board of directors of Tandycrafts, Inc.
 In the interim, the board has named John V. Sandlin, vice president and MIS director, as "acting" president and chief executive officer of Tandycrafts, Inc.
 Also, the board announced that Jerry L. Roy, senior vice president and chief operating officer, would relinquish his duties as chief operating officer while continuing to serve as senior vice president and president of Tandy Leather Company. He will also continue as a member of the board.
 -0- 1/10/92
 /CONTACT: Michael J. Walsh, vice president and secretary of Tandycrafts 817-551-9603/
 (TAC) CO: Tandycrafts, Inc. ST: Texas IN: REA SU: PER


TS-KW -- NY031 -- 8597 01/10/92 11:32 EST
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Publication:PR Newswire
Date:Jan 10, 1992
Words:156
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