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RC2 replaces CFO

By Staff -- Playthings, 11/6/2008 7:44:00 AM

OAK BROOK, Ill.—RC2 Corp. has named Peter A. Nicholson, a consultant to the toy and infant products maker, its new chief financial officer, effective immediately.

Nicholson replaces Jody L. Taylor, who will remain with RC2 in a risk management-related leadership role.

"I’m pleased to announce that Pete Nicholson has agreed to join RC2 as our new chief financial officer,” said Curt Stoelting, RC2’s CEO. “Pete, who has been assisting the company over the last several months, has already made positive contributions and we will benefit from his experience and leadership in the years ahead. I’m equally pleased that Jody Taylor will be remaining with the company. She has made tremendous contributions during her twelve years with RC2. Jody’s new role will allow her to continue to contribute while providing her with additional flexibility.”

Nicholson had been a consultant to RC2 since July, assisting the company with “various financial related projects, including the company’s recent refinancing.” Prior to joining RC2, Nicholson served as the CFO at several public and privately held companies. Since 2005, he has provided financial reporting consulting services to private equity firms, public companies and privately held entities.

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