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Toys R Us names its European chief as interim CEO

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Wayne-based global retailer Toys R Us announced Monday it appointed Antonio Urcelay, the head of its European operations, as interim CEO.

Urcelay replaces Gerald Storch, who will continue to serve as chairman of the board, according to the company, which announced earlier this year that Storch would step down as CEO following continued delays of the initial public offering of its stock.

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