PETERMAINCO RETURNS... but not to Nintendo. See who our favorite ex-Nintendo VP decided to work for inside.
Former Nintendo executive joins board of Mega Bloks
Peter T. Main appointed independent director of the Company
MONTREAL, Oct. 9 /CNW/ - Mega Bloks Inc., a leading construction toy
maker, welcomed veteran video game executive Peter T. Main to its board of
directors, where he will sit as an independent director. From 1987 until his
retirement earlier this year, Mr. Main was Executive Vice-President of
Nintendo of America, Inc. in Redmond, Washington.
"We are very excited about adding Peter to our Board. Peter's impressive
record in contributing to the development and success of Nintendo and his
experience in the fast-growing youth marketing environment will be of great
benefit to the Board. We look forward to having his counsel and support as we
continue to leverage our competitive strengths and develop the Mega Bloks
brand," said Mr. Marc Bertrand, President and CEO of Mega Bloks Inc.
Among the primary achievements credited to Peter Main and his team at Nintendo are the significant sales growth of the firm's software titles and
hardware platforms in his fifteen years at the firm. Prior to joining
Nintendo, Main, a native of Canada, held senior positions in the food,
beverage and hospitality industries after starting his marketing career with
Colgate Palmolive in 1964.
"I am happy to join such an energetic and capable team," Main commented.
"I look forward to participating in guiding the Company to the realization of
its growth strategy," he added.
Main replaces Guy Savard, Vice-Chairman of Merrill Lynch Canada Inc. and
Chairman of Merrill's Québec operations, who is stepping down in compliance
with Merrill's internal policy regarding service on the boards of companies
with which it has an investment banking relationship. "Guy was an invaluable
member of our Board for over six years and he provided tremendous guidance to
us on many important projects, including our successful Initial Public
Offering in May of this year. We regret that Guy has to resign from the Board
and wish him every success in the future," Bertrand stated.
About Mega Bloks Inc.
Mega Bloks creates fun, educational and high quality construction toys
that inspire kids and parents to play and learn together. The MEGA BLOKS(R)
system features basic and themed construction toys for boys and girls of all
ages. Headquartered in Montreal, Mega Bloks is a global organization employing
approximately 1,000 people with sales in over 100 countries.
