Li & Fung realigns, Toolan promoted

NEW YORK - Li & Fung USA has realigned its operation into a Home Brands Group and an Apparel Brands Group.

Industry veteran Jack Toolan has been promoted to executive vice president of the home group, overseeing licenses for Royal Velvet, Cannon and Cannon Royal Family brands. He was previously senior vice president/general manager for Cannon brands.

In additional, Scott Maddalene has been promoted to senior vice president for the Cannon and Cannon Royal Family brands. He had previously been vice president of global brand development for Cannon Brands.

Lou Casali, senior vice president for the Royal Velvet brand, now reports to Toolan.

In addition, Ron Ventricelli has been promoted to executive vice president of operations. He will oversee financial, customer services and all operating issues related to the Global Brand Business Group. Ventricelli, Toolan and the new executive vice president of the Apparel Brands Group, Robert Crocco, all report to Rick Darling, president of Li & Fung USA.