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President of Playmates Toys and Sister Company Resigns

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Playmates Toys Inc. said Thursday that Richard Sallis had resigned as president after 11 years to “pursue other interests.”

Sallis also resigned as president of Playmates Interactive Entertainment Inc., a sister company.

Playmates Toys Executive Vice President Ron Welch, a 49-year-old Long Beach resident, was named president. “The appointment of Ron Welch reinforces our continued effort to build a strong management team based on the established culture and values at Playmates,” said Playmates Toys Chief Executive Officer Thomas Chan.

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Playmates Toys markets action figures and dolls, including the Teenage Mutant Ninja Turtles, Star Trek and Waterbabies Doll lines. It also sells Nano Pals, a virtual pet.

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