Melanie Teed-Murch has been with the toy retailer for 23 years.
Melanie started her career with Toys R Us as a store manager in Kitchener, Ontario, ultimately working her way up the ladder to the top post in September 2016.
As president, she helped navigate the purchase of Toys R Us Canada by Fairfax Holdings for $300m after its parent company in the US went bust. Following the acquisition by Fairfax, which saw the Canadian wing of Toys R Us become a 100% Canadian-owned and operated business, Melanie embarked on a two-month coast-to-coast tour to promote the chain’s plans under the new owner.
A spokeswoman for the company told The Star that Melanie has tendered her resignation to accept a new opportunity, which has not been disclosed. It is not yet known when the resignation takes effect. Toys R Us Canada has yet to appoint an interim president.