Tomy has announced changes to its international management team following Mark’s departure.
Senior leadership from Tomy International, the subsidiary responsible for North America and Latin America, will assume responsibility for overseeing the European business.
Effective immediately, Tomy International president Pete Henseler and chief operating officer Greg Kilrea will take on this new international assignment.
Kazuhiro Kojima, president and chief operating officer, Tomy, commented: “With this change, we are well positioned to execute our ongoing strategy to align our Tomy International regions more closely in order to continue expanding our global footprint. We have been working closely with our management teams throughout Europe and the Americas in this effort. Integrating the management reporting under Pete and Greg will help to continue this global alignment.”
Effective from 18th June, Mark Foster, formerly executive vice president of Tomy Europe, will be leaving the organisation.
Kazuhiro added: “I would like to thank Mark for his many valuable contributions and service over the past three years. He has worked hard to lead our European team through challenging transitions in our industry, and we wish him all the best in the future.”
Speaking of his move, Mark said: “I am leaving the company in a good place. We have achieved our targets and have some great plans in place for the next five years. Tomy will flourish and the strong team is well placed to continue the work that we have planned together.”
Mary Wood, who joined Tomy UK last year from Vivid, remains at the helm of the UK business reporting in to the global team.