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Toys 'R' Us President Resigns

Neil Friedman has resigned his position as president of U.S. operations for Toys ‘R’ Us. He joined the company as president in April 2011.The announcement was made in the company's 8-K document filed on Feb. 17 and Friedman will officially ste

The announcement was made in the company's 8-K document filed on Feb. 17 and Friedman will officially step down effective Feb. 24.

TRU stated it intends to retain Friedman's advisory services, on a non-exclusive basis, for new ventures and business alliances. He will also work as a consultant in the toy industry.

Prior to TRU, Friedman served as president of Mattel Brands, president of Fisher Price Brands and president of Tyco.

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