The Vermont Teddy Bear Company, Inc., one of Vermont’s largest employers, today announced the hire of Mark Ranalletti as Vice President of Operations. The hire represents an important component of an overall strategy initiated 12 months ago, and builds on the company’s 2013 successes.
Ranalletti comes to Vermont from L.L. Bean where he was most recently the Senior Market Manager, capping a distinguished 22-year career at the firm serving in a variety of important capacities domestically and globally.
Vermont Teddy Bear realigned staff in 2013 to effectively support the business’ growth strategy. Employee headcount increased and 44 new hires were brought aboard across all segments of the firm’s operations. The year also saw the implementation of significant spending caps, a highly successful holiday sales season and solid financial performance.
