Loreal veteran joins executive suite at Toys"R"Us

Toys“R”Us has looked to a Loreal veteran to take over its human resources division.

The retailer announced that it has named Tim Grace as executive vice president, global chief talent officer, effective immediately. In this role, the company says Grace will oversee all global human resources functions, including organizational design, talent acquisition, succession planning, learning, change management and labor and employee relations, as well as compensation and benefits. He will report to Dave Brandon, Chairman and CEO, Toys“R”Us, Inc.

“Tim is a passionate leader who cares deeply about developing high-performing teams,” said Brandon. “In championing our 66,000 employees around the world, we believe Tim will help make our company’s culture and talent a competitive advantage, and we are pleased to welcome him as a key member of our leadership team.”

Grace previously served as group vice president, human resources, L’Oreal Group, where he led all human resources functions across North and South America. Prior to that, he spent 12 years at Schindler Elevator Corporation as senior vice president, human resources and administration. In this role, Grace was responsible for human resources in the Americas, and led many initiatives designed to ensure innovative and progressive human resources practices throughout the entire global organization.

Earlier in his career, Grace held various senior human resources roles at Wise Foods, Diageo (formerly Grand Metropolitan) and in the Frito Lay division of PepsiCo. He received a bachelor’s degree in industrial psychology from the State University of New York at Fredonia and Master of Science in Industrial and Labor Relations from West Virginia University.