Timothy L. Frank

Beaumont, Texas -- Electronics and appliances retailer Conns announced Monday that its president and CEO Timothy L. Frank has resigned the company. Conns named Theodore M. Wright as the interim CEO and president, and has launched a search for a permanent replacement. Frank has led the company as president and CEO since June 2009; he has been president since April 2006, and previously served as COO and senior VP retail. Frank left to pursue other opportunities, the company said. Conn’s operates 76 retail locations in Texas, Louisiana and Oklahoma.