Headlines

Toys “R” Us Names New Management Team

Antonio Urcelay is ceo, Hank Mullany president

Published

11 years ago

October 18, 2013

steve kaufman

Toys “R” Us Inc. (Wayne, N.J.) has named Antonio Urcelay as ceo and has brought in Hank Mullany, a former executive at Walmart Stores Inc. (Bentonville, Ark.) as president. Urcelay, a 17-year company veteran, was president of Toys “R” Us Europe before being named interim ceo in March.

Mullany headed Walmart’s Northern U.S. operations, responsible for a $90 billion business that included 1300 stores and 28 distribution centers in 19 states that generated $90 billion in revenue. In 2010, Walmart blocked him from heading the pharmacy unit of CVS Caremark Corp. (Woonsocket, R.I.), citing a non-compete clause in his contract. Instead, he became ceo of ServiceMaster (Memphis), a commercial and residential cleaning and maintenance company.

At Toys “R” Us, Mullany will oversee all merchandising, marketing, e-commerce and store operations for the 878 stores in the U.S. Urcelay will focus on global markets.

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