US snack food retailer Mrs Fields has announced that its chief executive Larry Hodges has resigned, effective 15 May, after nine years with the company.

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The company, whose brands include TCBY Yoghurt and Mrs Fields Cookies, did not give an explanation for the resignation.

The Salt Lake City, Utah-based company said its board of directors had named Stephen Russo as president and chief executive. Russo previously held the position of retail brands operations officer at Allied Domecq.

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