Saban Brands Names Sanrio’s Janet Hsu as CEO

Janet HsuSaban Brands has named Janet Hsu as its new CEO, effective August 17. As Saban Brands’ first CEO, Hsu will be responsible for overseeing the company’s portfolio of global entertainment properties, as well as being instrumental in acquiring additional brands and building new intellectual properties.

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Intelex Group Hires Scott Wehrs to Run North American Division

Scott Wehrs PhotoIntelex Group has appointed Scott Wehrs as president of its North American division, Intelex USA LLC. He is the former president and COO of Ty Inc., and during his 11-year tenure, he directed and managed the company during the explosion in popularity for Beanie Baby.

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Step2 Appoints Robert Jourdian to Vice President of Research and Development

Step2 LogoThe Step2 Company LLC has named Robert Jourdian as its new vice president of research and development. Jourdian comes to Step2 with more than 30 years of product design experience, 25 of which were spent at the senior product design level at Fisher-Price Inc., a division of Mattel Inc.

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Nintendo President Satoru Iwata Passes Away

NintendoThe president of Nintendo Co. Ltd., Satoru Iwata, passed away on July 11 due to a bile duct growth, as reported by Nintendo.

The 55-year-old Iwata had served as CEO of Nintendo of America since being appointed to the position in June of 2013. He also served as the video game giant’s director, president, and representative director.

The Toy Book sends its sincerest condolences.

Barnes & Noble Names Ronald D. Boire to CEO Position

Ron_BoireRonald D. Boire has been named CEO of Barnes & Noble’s retail business, effective September 8. He is currently president, CEO, and a member of the board of directors of Sears Canada.

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littleBits Raises $44.2M in New Funding and Expands Its Executive Team

littleBits1littleBits Electronics Inc. has landed $44.2 million in new funding to further its growth. The additional funding round was led by DFJ Growth, with additional participation from new investors Morgan Stanley Alternative Investment Partners, Grishin Robotics, and Wamda Capital, among others.

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Target’s Kathee Tesija Moving into Advisory Role

Target LogoKathee Tesija, executive vice president, chief merchandising and supply chain officer at Target Corp., will move into an advisory role effective July 6. Tesija has spent nearly 30 years at Target, contributing to the retailer’s growth and recent efforts to regain momentum.

In her new role, she will spend the next several months contributing to key enterprise initiatives and ensuring a smooth transition of her responsibilities.

Kathleen McHugh to Resign as President of ASTRA

KathleenMcHughEffective October 6, Kathleen McHugh will resign her position as president of the American Specialty Toy Retailing Association (ASTRA).

“It is bittersweet to be moving on at a time when ASTRA is stronger, more financially stable, and more of a force in the toy industry than it has ever been,” says McHugh. “It will be difficult to leave an organization with such an important mission and so full of many valued friends, colleagues, and mentors.

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The Madame Alexander Doll Company and Kahn Lucas Appoint Jamie Cygielman as General Manager

MadameAlexanderlogoMadame Alexander Doll Company and Kahn Lucas have appointed Jamie Cygielman as general manager, Madame Alexander Doll and Dollie & Me.

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Wonder Workshop Appoints New COO, Vice President of Marketing

WonderWorkshopWonder Workshop has appointed Raghu Sethuraman as COO and Ned Ward as vice president of marketing. Sethuraman will lead global operations, finance, customer service, and reseller partner organizations. He brings more than 16 years of leadership experience to Wonder Workshop from fast growing global e-commerce, supply chain, manufacturing, finance, and customer service organizations including Amazon.

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