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Kidrobot, Inc. Announces Appointment of Diego Marchioni as CEO

NEW YORK, Jan. 5 /PRNewswire/ -- Kidrobot, the world's premier creator and retailer of limited-edition art toys, apparel and accessories, announces that Diego Marchioni has been appointed to the position of Chief Executive Officer (CEO). Mr. Marchioni is based at the company's headquarters inNew York City and will report to the Kidrobot Board of Directors.

As CEO of Kidrobot, Mr. Marchioni will work closely with Paul Budnitz, the company's Founder and President, to strategically position the brand for continued growth. Marchioni will additionally focus on expanding the company's successful apparel and toy lines, on developing other product categories and, in partnering with W!LDBRAIN, Kidrobot's majority investor, on multimedia and entertainment initiatives.

Mr. Budnitz commented, "Diego is the best possible CEO for Kidrobot. Like everyone at this company, he is incredibly creative. Diego has integrity, wisdom, an open mind and will help Kidrobot continue to make real art possible."

Mr. Marchioni stated, "Kidrobot is a dynamic brand. I'm thrilled to be a part of such a creative group of people at a significant time in the company's history."

Prior to his post at Kidrobot, Marchioni served as Chief Operating Officer for W!LDBRAIN and as Chief Financial Officer for W!LDBRAIN and Kidrobot, Inc. Before that, Marchioni was Investment Director at Syntek Capital, A.G., a leading venture capital and private equity holding company with interests in sectors including media and technology. From 1997 to 2000, Marchioni was a consultant for McKinsey & Company, a leading management consulting firm. During his tenure at McKinsey, he served clients in numerous industries, including media, telecommunications and financial services.

About Kidrobot: Founded by designer Paul Budnitz in 2002, Kidrobot is the world's premier creator and retailer of limited edition art toys, apparel and accessories. Kidrobot's limited edition products, a cross between sculpture and conceptual art, have become the perfect medium for international fashion designers, illustrators, and graffiti artists, merging street trends and pop art. Kidrobot operates stores inNew York City,San Francisco,Los Angeles and Miami. Kidrobot products can also be found at numerous boutique retailers around the world and online at kidrobot.com.

     Contact:
     Merryl Spence
     Kidrobot, Inc.
     Phone: 212-777-7735 x216
     Email: merryl@kidrobot.com

SOURCE Kidrobot, Inc.

Tags: ,ENT,FAS,FIN,HOU,PER,CHI,NY-Kidrobot-Marchioni

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