WAYNE, N.J., Dec. 9, 2016 /PRNewswire/ -- Toys"R"Us®, Inc. today announced that Chetan Bhandari, Senior Vice President, Treasurer, Toys"R"Us, Inc. will be departing the company, effective December 13, to pursue a new opportunity.
"Chetan joined the Toys"R"Us team in 2014 to help the company address refinancing challenges with near-term debt maturities. He successfully accomplished this task and, by doing so, made a significant contribution to our transformation," said Mike Short, Chief Financial Officer, Toys"R"Us, Inc. "We are grateful for his contributions and wish him well as he moves on to a new opportunity."
Toys"R"Us has a strong bench in its Finance operations and thus has named Matthew Finigan as its new Treasurer, reporting directly to Short. Finigan has been with Toys"R"Us since 2004, most recently as Vice President, Assistant Treasurer. He also worked on the company's recent, successful refinancing.
Finigan is a graduate of New York University, where he received his MBA.
About Toys"R"Us, Inc.
Toys"R"Us, Inc. is the world's leading dedicated toy and baby products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 875 Toys"R"Us and Babies"R"Us stores in the United States, Puerto Rico and Guam, and in more than 765 international stores and over 245 licensed stores in 37 countries and jurisdictions. With its strong portfolio of e-commerce sites including Toysrus.com and Babiesrus.com, the company provides shoppers with a broad online selection of distinctive toy and baby products. Toys"R"Us, Inc. is headquartered in Wayne, NJ, and has an annual workforce of approximately 62,000 employees worldwide. The company is committed to serving its communities as a caring and reputable neighbor through programs dedicated to keeping kids safe and helping them in times of need. Since 1992, the Toys"R"Us Children's Fund, a public charity affiliated with Toys"R"Us, Inc., has donated more than $125 million in grants to children's charities. For more information, visit Toysrusinc.com or follow @ToysRUsNews on Twitter. Follow Toys"R"Us and Babies"R"Us on Facebook at Facebook.com/Toysrus and Facebook.com/Babiesrus and on Twitter at Twitter.com/Toysrus and Twitter.com/Babiesrus.
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SOURCE Toys"R"Us, Inc.