LEWIS GALOOB TOYS ANNOUNCES OFFICER APPOINTMENTS
LEWIS GALOOB TOYS ANNOUNCES OFFICER APPOINTMENTS SAN FRANCISCO, Feb. 11 /PRNewswire/ -- Lewis Galoob Toys Inc.
(NYSE: GAL) today announced the appointments of Louis R. Novak and Gary J. Niles to the position of executive vice president and the appointment of Sharon D. Duncan to vice president.
In addition to his appointment as executive vice president, Novak has been named chief operating officer. He joined Galoob in 1989 after over 18 years experience directing operational and financial activities for emerging and Fortune 500 companies, including Coleco Industries, Leisure Dynamics, All American Gourmet Co. and Mattel. Novak, 45, holds a bachelor's degree in electrical engineering from Concordia University in Montreal and a master's in business administration from City University, London. Niles, who has been appointed executive vice president, marketing and product acquisition, joined the company in 1989. Previously, he was president of the Universal Associated Companies, the FOB division of Universal Matchbox Toys. He has more than 25 years of expertise in the toy industry as a marketing and sales director and toy inventor, having held senior sales and marketing positions with Mattel, Sega and Revell Toys. Niles, 52, holds a bachelor's degree in economics from Hunter College in New York City. "The appointments of Mr. Novak and Mr. Niles recognize the central role they have performed and will continue to perform in the planning and execution of the rebuilding of the company," stated Mark Goldman, president and chief executive officer of Galoob. Duncan, who joined Galoob in 1990, has been appointed vice president, international sales and marketing. Prior to joining Galoob, Duncan was vice president of Krames Communications, an international publishing company based in Daly City, Calif. She brings with her over 18 years experience in the computer software, banking and toy industry, having held senior positions at Bank of America and Jostens Inc. as well as at Krames. Duncan, 40, holds a bachelor's degree in English from Macalester College in St. Paul, Minn., and a master's in business administration from the University of St. Thomas in St. Paul. Lewis Galoob Toys Inc. designs, develops, markets and distributes a variety of toy products sold worldwide. -0- 2/11/92 /CONTACT: Fay Kilgore, 415-541-5300 or Jerry Seeman, 212-614-5135, both of Burson-Marsteller, for Lewis Galoob Toys/ (GAL) CO: Lewis Galoob Toys, Inc. ST: California IN: REA SU: PER
DG -- SF003 -- 8661 02/11/92 09:04 EST
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|Date:||Feb 11, 1992|
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