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TSG Brands Hires Awad

TSG Brands, a leading licensing consulting company, has named Kimberly Awad as vice-president of licensing acquisitions. Awad will assume senior responsibility for TSG’s consulting business working with TSG’s 250-plus clients in securing brands for their respective wholesale categories.

Most recently, Awad served as senior licensing manager for more than four years at Pressman Toy Corporation, where she was responsible for managing Pressman’s entire catalog of licensed consumer products. While at Pressman, she successfully expanded its licensing portfolio and strengthened its relationship with licensors.

Hasbro Promotes Frascotti, Billing

Hasbro announced the promotion of John Frascotti to the newly created position of president, Hasbro Brands, effective immediately.

In this new role, Frascotti assumes the additional responsibilities of worldwide product development and now oversees all of the company’s global marketing, design, and development teams. By combining the teams, the company will continue to drive strong innovation, maximize operational efficiency, facilitate greater collaboration, and streamline decision-making.

Frascotti joined Hasbro in 2008 as chief marketing officer. During his tenure, he led the re-imagination, re-invention and re-ignition of Hasbro’s world-class brand portfolio and has been a key architect of the company’s branded play strategy.

Duncan Billing will now assume the role of executive vice-president, global operations and business development. In this new role, he will leverage his 25 years of experience in marketing, development, and worldwide operations to identify new revenue streams, including new platforms and brands that leverage Hasbro’s strengths and continue to lead its global manufacturing, sourcing, and supply chain activities.

Billing joined Hasbro in 1988 as group director, sales and marketing, for its UK subsidiary. He later transferred to the U.S., where he has held various senior-level positions.