Toys "R" Us Brings in New CIO

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Toys "R" Us Brings in New CIO

05/09/2016
Toys ‘R’ Us Inc. has hired a new chief information officer.  Phil Newmoyer is the new CIO for the toy company, coming from the position of CIO and SVP of Serta Simmons Bedding where he worked for two years, according to his LinkedIn profile.

Prior to Serta, he was a principal at boutique management consulting firm WGroup and Vice President, Global Information Technology for International biotechnology company Genmab.

Toys ‘R’ Us announced last year that is would bring its U.S. e-commerce operations in-house, including building and managing a new platform for Toysrus.com, Babiesrus.com and FAO.com, by the end of Summer 2016.

“We have an exciting and challenging year ahead of us," said Dave Brandon, Chairman and CEO, Toys“R”Us, reporting fourth quarter and full year fiscal 2015 results. "We believe we can continue the positive momentum we have built by executing our four strategic pillars: grow and build our brands throughout the world, create a world class experience for our customers, create a strong financial foundation and make talent and culture a competitive advantage."