Toys R Us on Wednesday named its interim chief executive officer to the role full-time and said it hired an executive with experience at rival Wal-Mart Stores Inc (WMT.N) to run its U.S. business, ending an eight-month leadership search as it prepares for the holiday season.
Antonio Urcelay, 61, will become CEO immediately, after serving as the toy retailer's interim CEO since May. He joined the company in 1996.
Hank Mullany will join as president of Toys R Us U.S. on November 5, the company said. Mullany, 55, was previously CEO of The ServiceMaster Co. Hank Mullaney served as ServiceMaster CEO from 2011 to 2013, resigning this past April.
Prior to ServiceMaster, he was executive vice president of Walmart U.S. and president of Walmart's northern business, Toys R Us said.
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