Comfort shoe company RG Barry has appointed Greg Tunney as its CEO and president.

Tunney has been the company's president and COO since 7 February, when his contract specified that he would be named CEO following a transition period of up to six months.

He replaces turnaround specialist Thomas M Von Lehman, who is leaving the company's executive ranks after orchestrating a successful two-year turnaround.

Von Lehman will remain a director and will also serve as a consultant to management until September of this year.

"Following an exhaustive search, the board unanimously selected Greg as the leader best suited to move our company forward," said chairman Gordon Zacks.

The company is also changing its fiscal year-end to the Saturday closest to 30 June from the Saturday closest to 31. With this change, the company's 2007 fiscal year will begin 2 July 2006 and end 30 June 2007.

"This change will offer investors more clarity about our annual performance by bringing our business cycle more in line with the seasonal nature of the around-the-home comfort footwear business," Von Lehman said. "We also feel that it will enhance management's ability to accurately plan and forecast the Company's business."