The Chairman and Chief Executive Officer of toy firm Toys “R” Us Gerald L. Storch has been appointed to the Board of Directors at Bristol-Myers Squibb.

The 55-year-old will serve as a member of BMS’ Audit Committee and the Compensation and Management Development Committee.

James M. Cornelius, Chairman of Bristol-Myers Squib, says Mr Storch’s “broad business and financial experience, focus on innovation and tremendous integrity” make him an ideal appointment.

Mr Storch has led Toys “R” Us since 2006. Prior to that, he served in a number of roles at Target Corporation from 1993 to 2005.

“We are thrilled to have a person of Jerry’s calibre, an industry leader with an excellent track record of success in branding and positioning a global franchise for growth, on our Board of Directors,” said Lamberto Andreotti, chief executive officer, Bristol-Myers Squibb.

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