New Leadership to Bring Renewed Commitment to
Operational Excellence
TORONTO, Feb. 18, 2020 /CNW/ - Spin Master Corp. [TSX:
TOY; www.spinmaster.com] "Spin Master" or "the Company", today
announced a series of senior leadership changes designed to
optimize Spin Master for growth with a renewed commitment to
operational excellence as it continues to execute against its
long-term strategy.
By mutual agreement, effective immediately, Ben Gadbois Global
President, Chief Operating Officer and Board Director and
Bill Hess, Executive Vice President,
Global Operations and Chief Information Officer are leaving Spin
Master. During their tenure, both Gadbois and Hess played
instrumental roles in establishing Spin Master as a diversified
global business.
In conjunction with these changes, Paul
Blom has been appointed as the interim Executive Vice
President, Global Operations and Technology. Blom will be
responsible for leading the Company's operations and IT teams,
across Asia, Canada, the United
States, Europe and
Mexico. Blom is a veteran
executive with global expansion experience who has held senior
roles in all areas of operations at IBM, SMTC, CFM and
Celestica.
Spin Master also announced that Tara
Deakin, SVP Talent Management, will become Executive Vice
President, Human Resources and Chief People Officer of Spin Master.
Prior to joining Spin Master in June
2019, Tara held progressively senior roles at Rogers
Communications, Citigroup and TD Bank in Canada and the US.
Ronnen Harary, Spin Master's
Co-Founder & Co-Chief Executive Officer said: "We would like to
thank both Ben and Bill for their significant contributions to Spin
Master's growth over the past seven years. We welcome Paul Blom to the Spin Master leadership team and
congratulate Tara on her appointment. Both Paul and Tara have deep
management experience and a proven track record of leadership. Paul
is an agile and collaborative leader who brings strong operational
expertise. His passion for excellence, paired with his extensive
experience working with global teams makes him a strong addition to
our leadership team."
Anton Rabie, Co-Founder &
Co-Chief Executive Officer added: "Both Ronnen and I want to take
this opportunity to thank our employees globally for their
continued hard work and dedication. Together, we are reimagining
where imagination can take us and harnessing our potential to
entertain, create joy and inspire play for kids and their families.
We are thrilled to announce Tara's promotion to Chief People
Officer. Tara is a transformational leader who will help position
us for the next phase of our growth. Her appointment marks a
critical moment in Spin Master's evolution and our recognition of
the need to raise the bar in leading, managing and developing our
key asset - people."
About Spin Master
Spin Master Corp. (TSX:TOY; www.spinmaster.com) is a leading
global children's entertainment company that creates, designs,
manufactures, licenses and markets a diversified portfolio of
innovative toys, games, products and entertainment properties. Spin
Master is best known for award-winning brands including Zoomer®,
Bakugan®, Erector® by Meccano®, Hatchimals®, Air Hogs® and PAW
Patrol®. Since 2000, Spin Master has received 110 TIA Toy of The
Year (TOTY) nominations with 30 wins across a variety of product
categories, including 13 TOTY nominations for Innovative Toy of the
Year. To date, Spin Master Entertainment has produced nine
television series, including the relaunched Bakugan: Battle Planet
and current hit PAW Patrol, which is broadcast in over 160
countries and territories globally. Spin Master employs over 1,600
people in countries around the world including Canada, United
States, Mexico,
France, Italy, United
Kingdom, Russia,
Slovakia, Poland, Germany, Sweden, the
Netherlands, China,
Hong Kong, Japan, Vietnam and Australia.
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SOURCE Spin Master Corp.