The Toy Industry Association (TIA) has elected three new members to its Board of Directors and a new chairman of the organization during its Annual Business Meeting in February. John Gessert of American Plastic Toys will assume the position as chairman for a year, replacing retiring Board Chairman Soren Torp Laursen of The Lego Group.
The new members of the TIA Board are Drew Brazer, vice president of sales in North America for Lego Systems Inc.; D. Hugo Malan, senior vice president and president of sporting goods at Sears Holding Corp.; and William To, president of VTech Electronics in North America. Each elected member will serve for two-year terms, expiring at the 2016 TIA Annual Business Meeting. Laursen will become an advisor to the governance body.
The 2014 TIA Annual Business Meeting was held in conjunction with the 111th American International Toy Fair in New York City. The meeting also included accomplishment highlights from the first year of TIA’s 2013-2015 Strategic Plan and an announcement that the TIA had grown its financial reserves last year.