Wayne, N.J. — Toys“R”Us, Inc., the world’s leading dedicated toy and baby products retailer, has appointed David A. Brandon as chairman and CEO, effective July 1, 2015, succeeding Antonio Urcelay, who will retire from the company.
As chairman and CEO of Domino’s Pizza for 11 years, Brandon led the company to unprecedented profit growth and the successful completion of the largest initial public offering in restaurant history, which subsequently doubled Domino’s enterprise value to $2.5 billion. Brandon has remained chairman of the board of Domino’s as the company has further grown its value to over $7 billion.
“I consider it a tremendous privilege to assume this important leadership role at Toys“R”Us, one of the most well-known retail brands in the world,” says Brandon. “And, I feel fortunate to be succeeding such an experienced and accomplished leader as Antonio. I believe our best days are ahead of us and I’m eager to get started. Meeting our employees and vendors is something I very much look forward to.”
Urcelay joined Toys“R”Us, Inc. in 1996 and was appointed chairman and CEO in November 2013, after directing the organization’s European business for many years.
Toys“R”Us, Inc. has 866 Toys“R”Us and Babies“R”Us stores in the United States, Puerto Rico and Guam, and in 730 international stores and over 240 licensed stores in 37 countries and jurisdictions. In addition, it exclusively operates the legendary FAO Schwarz brand in New York City. For more information, visit Toysrusinc.com.
SOURCE: Toys“R”Us, Inc.