4Kids Names Grossman Exec VP, COO

Steven M. Grossman, who has been a 4Kids Ent. board director since 2001, has been appointed to the position of exec VP and COO at the company. Grossman will take over COO duties for Joseph P. Garrity since the company found it necessary to separate the roles of COO and CFO to meet reporting and compliance requirements. Garrity will continue to serve as CFO.

Effective Sept. 1, 2005, Grossman’s appointment will have him partnering with 4Kids chairman and CEO Al Kahn and the rest of the management team to expand the scope and reach of the company’s brands and assets.

Grossman has resigned as chairman of 4Kids’ Audit Committee, a position he’s held since 2003, but will continue as a director of the company. He currently serves as exec VP, CFO and treasurer of R.A.B. Holdings Inc., which currently owns Millbrook Distribution Services Inc. and the R.A.B. Food Group LLC.

Headquartered in New York City with international offices in London, 4Kids Ent. Inc. is a global provider of children’s entertainment and merchandise licensing. The company’s animated properties include Pokémon, Yu-Gi-Oh!, Winx Club, Tokyo Mew Mew, F-Zero, One Piece, Shaman King, Sonic X, and Cramp Twins, to mane a few. For more information, go to www.4KidsEntertainment.com and www.4Kids.TV.