Steve Adolph has been appointed chief executive officer at PlayMonster whilst Tim Kilpin will transition to executive chairman.
International toy and game company PlayMonster Group LLC has announced that Tim Kilpin will transition to the newly created role of executive chairman and a member of the board of directors, focusing on long-term opportunities and partnerships and leading the search for acquisitions. Sitting president, Steve Adolph, has now been appointed to chief executive officer, effective immediately.
“Steve is an inspiring leader,” said Tim Kilpin, executive chairman, PlayMonster. “His depth of hands-on experience in consumer and retail makes him the ideal choice to accelerate PlayMonster to the next level and capture the opportunities ahead of us.”
Steve has skillfully steered and executed the company’s global business strategy and operations in his brief time at PlayMonster. The global business leader was brought on board as president in September and worked alongside Tim on strategic initiatives and growth in the organization.
“I’m thrilled to be assuming the role of chief executive officer of PlayMonster,” added Steve. “I am grateful to Tim for his support and mentorship over the past few months, and to the entire organisation for its confidence in my leadership. I look forward to ensuring that the company continues to amplify its strong global foothold in the toy and game industry.”
With a dynamic new range of 2023 product launches, PlayMonster continues to aggressively build its portfolio of brands and significantly scale the company’s growth and leadership position within the toy industry, both domestically and internationally.
For more information visit www.playmonster.com and follow @playmonsterfun on social media.