This story has been breaking all over the place—I can’t see that it will have any particular relevance, but here it is, from Figures.com:
Irwin Toy Limited announced that George Irwin has resigned as President and Chief Executive Officer to pursue personal interests and other business opportunities, after having set the Company on a strong growth course during his tenure.
The Company said it is confident that the strong management team in place at Irwin Toy will continue the direction the company has experienced in the past year. The Board of Directors said it established a committee of the Board to conduct the search for a new President and Chief Executive Officer.
There are also reports that the resignation was due to sinking profits, but personally, I sincerely doubt that this is the case, as Irwin Toy has exclusive rights to one of the hottest properties in the US right now.
Posted by Jess Horsley on November 29, 2000 10:10 AM