Hamleys chief executive Gudjon Reynisson is to relinquish his role as the toy retailer’s chief operating officer steps up.
Following nine years leading the company, Reynisson will join the current chairman Frank Slevin in a vice chairman role.
Meanwhile, chief operating officer Ralph Cunningham will step up to lead the retailer, which plans to unveil its latest store in Mumbai this week, bringing its total to 110. The transition is set to take place this October.
He joined the company in 2013 as retail and brand director before being promoted. Prior to this he held roles as commercial directorat Go Outdoors, and director of operations at B&Q.
“Gudjon has been instrumental in the transformation of Hamleys and I would like to thank him for his continued leadership through the international expansion of the business, particularly since its acquisition by C.Banner in 2015,” said Slevin.
“I am very pleased that we have been able to manage this succession in such a seamless way and Ralph’s appointment ensures the long-term success of Hamleys.”