Key points
- Penny Cox resigns as CEO with immediate effect
- Kelly Humphreys appointed as Executive Chair
- Teresa Smith appointed as Executive Director
Full summary
Toys'R'US ANZ Limited (ASX:TOY) has announced the resignation of Ms Penny Cox from the role of CEO with immediate effect. The Board has acknowledged Penny's contribution since joining the Company in 2023 and wishes her well for the future. The Company has a search underway for a new CEO to continue to drive its House of Brands Strategy. In the interim, Kelly Humphreys, Chair of the Company, will be appointed Executive Chair, and Ms Teresa Smith will be appointed Executive Director. They will remain in these roles until a new CEO is appointed. The terms of these interim appointments are appended to the announcement. Toys'R'US ANZ Limited is an Australian-based listed Company with a vision of 'A lifetime journey with every child'. The Company operates a House of Brands strategy via its Australian e-commerce websites TOYS'R'US, BABIES'R'US, RIOT ART AND CRAFT, and HOBBY WAREHOUSE.