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.

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.