DGSE Companies Inc. announced that James D. 'Dusty' Clem has been appointed to the positions of Chairman, President and Chief Executive Officer of company, effective immediately. Mr. Clem replaces James Vierling, who has resigned as CEO and as a director of DGSE to accept a position with Elemetal, LLC. In addition, Brett Burford, who has served as DGSE's Chief Financial Officer since August 2012, was named to DGSE's Board of Directors, effective immediately, replacing Mr. Vierling on the DGSE Board.

Mr. Clem became Chief Operating Officer of DGSE Companies Inc. in December 2012.