NEW YORK (Thomson Financial) - Grand Toys International Friday named David
Howell as chief executive, effective immediately.
Howell is currently the company's chief financial officer. He succeeds Jeff
Hsieh, who is retiring but will remain the company's chairman.
The company also named Matthew Baile to the position of chief operating
officer. Baile is currently the chief executive of the company's Hong Kong Toy
Center unit.
Shares of Grand Toys closed Thursday at 45 cents. The stock is down about
89% over the past 52 weeks.
Ryan Vlastelica
rv/pc
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