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Playboy (PLA) Names Vaickus as President

October 6, 2009 9:57 AM EDT
PLA Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Playboy Enterprises, Inc. (NYSE: PLA) announced the promotion and election of Alex L. Vaickus to the newly created position of president of Playboy Enterprises.

In his new position, Vaickus will oversee all of the company's business operations, which include print, television and digital media properties as well as licensing.

Vaickus, who currently serves as executive vice president of PEI and president of global licensing, will continue to report to PEI Chief Executive Officer Scott Flanders.

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