TOMY Appoints Curtis W. Stoelting to Its Board of Directors
Following the successful acquisition of RC2 Corporation, TOMY expands its parent company board.
OAK BROOK, Ill., July 19, 2011 /PRNewswire/ -- TOMY Company, Ltd. has named Curtis W. Stoelting, former Chief Executive Officer and Director of RC2 Corporation, to its parent company board of directors. The Company formerly known as RC2/Learning Curve Brands will now be known as TOMY International with sales and marketing operating units in North America, Europe and Australia and development and sourcing units in Asia. Mr. Stoelting is also serving as Chief Executive Officer of TOMY International. Now part of one of the largest toy and infant products companies in the world, TOMY International will benefit from access to complementary global distribution and sourcing networks, development of an expanded portfolio of powerful brands, enhanced operational efficiencies and access to top-notch global talent.
Stoelting joined RC2 Corporation in 1994 as its Vice President of Finance & Operations and Chief Financial Officer at a time when the company was known as Racing Champions. In 1998, Stoelting was named Executive Vice President and in 2000 he also became the Company's Chief Operating Officer. In 2003, Stoelting became the Chief Executive Officer of RC2 Corporation, a publicly traded company on the NASDAQ exchange, a position he held until the merger with TOMY Company, Ltd. was completed in April of this year.
Kantaro Tomiyama, President and Chief Executive Officer of TOMY Company, Ltd., stated, "We are pleased to welcome Curt Stoelting to our Board of Directors. Curt is a strong leader with a proven track record in the toy and infant products industry. He'll bring an additional global perspective to our board."
About TOMY International
TOMY International (www.tomy.com) is a leading global designer, producer and marketer of a broad range of innovative, high-quality toys sold to preschoolers, youths and adults under the TOMY®, Ertl®, Johnny Lightning® and Tomica® brands as well as nursery products for mothers, infants and toddlers marketed under its The First Years®, Lamaze and JJ Cole® Collections brands. TOMY International also markets its products under popular and classic licensed properties such as Thomas & Friends, Special Agent Oso, Chuggington, Dinosaur Train, John Deere, Disney's Winnie the Pooh, Princesses, Cars, Fairies and Toy Story, and other well-known properties. TOMY International's mission is to inspire and fulfill the dreams of children and parents worldwide. TOMY International reaches its target consumers through multiple channels of distribution supporting more than 25,000 retail outlets throughout North and South America, Europe and Australia. TOMY International is a wholly owned subsidiary of Japan-based TOMY Company, Ltd. (Tokyo Stock Exchange Code No. 7867).
SOURCE TOMY International
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