Mattel Inc. said Wednesday that James Eskridge, currently executive vice president and chief financial officer of the El Segundo-based toy maker, would become president of Fisher-Price upon completion of a proposed merger.
In August, Mattel said it had agreed to buy Fisher-Price, maker of preschool and infant toys and juvenile products, in a stock-swap merger valued at $1.1 billion.
The merger is expected to be completed by the end of the month.
Ronald Jackson, chairman, president and chief executive of Fisher-Price, would leave his executive post on completion of the merger, but would become a member of the Mattel board.
Michael McCafferty, Mattel's senior vice president and treasurer, would succeed Eskridge as the company's chief financial officer.
Terry Crofoot, former president and general manager of KABC-TV Channel 7 who left the station a couple of months ago in a dispute with Capital Cities/ABC management, has resurfaced as vice president of news for Fox TV Stations Inc., which owns KTTV Channel 11 in Los Angeles. Crofoot, a veteran station executive, will advise and consult the local news operations at each of the eight Fox-owned TV stations.