JAKK JAKKS Pacific Inc.

JAKKS Pacific Board of Directors Announces Appointment of Michael J. Gross as New Member

SANTA MONICA, Calif.--(BUSINESS WIRE)--

Leading U.S. toy and consumer products manufacturer JAKKS Pacific, Inc. (NASDAQ: JAKK) today announced the appointment of Michael J. Gross as an independent member of JAKKS board of directors. Mr. Gross is the Vice Chairman of WeWork Companies, Inc., a privately held company which develops collaborative office sharing sites throughout the world. He joined the company as Chief Financial Officer in 2013. Prior to joining WeWork, Mr. Gross was CEO of Morgan’s Hotel Group and served as a member of its Board of Directors.

"Michael brings to our Board broad managerial, financial and strategic planning skills," noted Stephen Berman, Chairman and CEO of JAKKS. "We look forward to his insights in assisting the Company's future growth and development," added Berman.

About JAKKS Pacific, Inc.

JAKKS Pacific, Inc. (NASDAQ: JAKK) is a leading designer, manufacturer and marketer of toys and consumer products sold throughout the world, with its headquarters in Santa Monica, California. JAKKS Pacific’s popular proprietary brands include BIG-FIGS™, XPV®, Max Tow™ and Friends, Disguise®, Moose Mountain®, Funnoodle®, Maui®, Kids Only!®, as well as a wide range of entertainment-inspired products featuring premier licensed properties. Through JAKKS Cares, the company’s commitment to philanthropy, JAKKS is helping to make a positive impact on the lives of children. Visit us at www.jakks.com and follow us on Instagram (@jakkstoys), Twitter (@jakkstoys) and Facebook (JAKKS Pacific).

©2016 JAKKS Pacific, Inc. All rights reserved.

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20/10/2016

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