NationalHoldings Corp.'s board elected Michael Weiss chairman and RobertFagenson vice chairman at a Sept. 21 meeting.

Fagenson was previously serving as board chairman. The boardalso approved the appointment of Glenn Worman as CFO of the company, effectiveOct. 10. Worman currently serves as executive vice president for finance.Current CFO Alan Levin resigned Sept. 26, effective Oct. 10.

In addition, Mark Goldwasser resigned as a director on Sept.21.

The board also approved an amendment to the company's bylawsto separate the functions of the chairman of the board and CEO of the company,unless the board determines otherwise.