Colin Farrow and Yogi Parmar have been appointed as interim joint managing directors, while Paul Reader has been promoted to marketing director.
The Toymaster board has issued an update on its senior roles following the news yesterday that Ian Edmunds, managing director, was stepping down with immediate effect.
Colin Farrow and Yogi Parmar have been appointed as interim joint managing directors. Both have been with the buying group for over 30 years. Colin and Yogi will continue with their current roles, and – due to the above appointment – will take on additional responsibilities.
Paul Reader has been promoted to marketing director. Paul has been with the company for 20 years. He too will continue with his current role while taking on additional responsibilities.
In a statement, Chris Blatcher, chairman, said: “The Toymaster team is committed to Toymaster’s mission statement of ‘Helping Our Members Trade More Profitably’. With the appointment of Yogi and Colin as interim joint managing directors, and the promotion of Paul to the board as marketing director, we will be able to utilise their passion for our group, and Toymaster will continue to go from strength to strength. Going forward, Toymaster looks forward to working even more closely with suppliers and members to enhance the group even further. Please join me in wishing them every success in their new roles.”