WAYNE, N.J., Nov. 8, 2017 /PRNewswire/ -- Toys"R"Us, Inc., the world's leading dedicated toy and baby products retailer, today announced James Young has been named Executive Vice President and General Counsel effective immediately. He will report directly to Chairman and CEO Dave Brandon.
Mr. Young, a 10-year veteran of the Toys"R"Us Legal division, has deep experience and working knowledge of the company's capital structure, finance and business operations. In his tenure with the company, Mr. Young has amassed an impressive portfolio working on projects ranging from contract negotiations to mergers and acquisitions and corporate compliance. He has served as Assistant Corporate Secretary and was responsible for overseeing the company's SEC reporting obligations.
Mr. Young has also played a key role in Toys"R"Us refinancing efforts, and more recently, its restructuring activities.
In the General Counsel and Corporate Secretary role, Mr. Young will take on responsibility for the nearly 15 in-house lawyers and paralegals as well as any outside counsel activities. He will be a member the company's Leadership Team and will also join the Toys"R"Us Children's Fund Board.
"This is a critical time for the company, not only because we are entering the ever-important Holiday season, but as we navigate and eventually emerge from the restructuring process," said Mr. Brandon. "In addition to demonstrating tremendous legal acumen, Jamie has proven himself to be a passionate, positive leader who has earned the confidence of our senior most leaders, legal advisors and business partners. I could not be more thrilled to have him join my Leadership Team."
Prior to joining the company, Mr. Young was corporate counsel for Cytec Industries, Inc. in West Paterson, New Jersey. Before that he was an associate at Reed Smith LLP. Mr. Young has a B.S. from Babson College in Massachusetts and a J.D. from Seton Hall University Law School.
Mr. Young resides in Wyckoff, New Jersey with his wife, Elaine and three children.
Mr. Young replaces Cornell Boggs who joined the company in early 2017.
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 885 Toys"R"Us and Babies"R"Us stores in the United States, Puerto Rico and Guam, and in more than 810 international stores and over 255 licensed stores in 38 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 nearly 65,000 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. Over the past three decades, the Company has given more than $100 million in product donations to children's charities. Since 1992, the Toys"R"Us Children's Fund, a public charity affiliated with Toys"R"Us, Inc., has also donated more than $130 million in grants. For more information, visit Toysrusinc.com or follow @ToysRUsNews on Twitter.
SOURCE Toys"R"Us, Inc.