Munchkin, Inc., maker of clever infant and toddler products, is pleased to announce the promotion of Margaret Hardin to President, effective July 19, 2007.  Formerly Munchkin’s Chief Financial Officer (CFO) and Chief Operating Officer (COO), Hardin assumes the presidential reins from founder Steven Dunn, who continues as Chairman and Chief Executive Officer (CEO).

In her new role as President, Hardin will leverage her more than 10 years of exceptional management and finance experience to keep Munchkin on its upward trajectory, delivering double-digit earnings growth.  Dunn will focus his talents on new product development and strategic growth opportunities.

"I am absolutely certain that this new structure is best for the future of our company," Dunn said. "The new organization will help us maximize the potential of all of the departments and people of Munchkin as we build toward a $200 to $300 million company within 5 years. And I have the utmost confidence in the ability of Margaret Hardin to continue to deliver incredible results.”

As Munchkin’s CFO and COO for the past seven years, Hardin’s leadership helped drive the company’s phenomenal sales growth, resulting in more than a 20 percent increase in revenues each year during her tenure.  In addition to overseeing daily company operations, including budget and cash management, supply chain management, pricing analysis and systems development, Hardin also supervised accounting, operations, human resources and IT departments. 

Hardin’s extensive financial management expertise was leveraged during her four years with Procter & Gamble as their global oral care finance manager before joining Munchkin.  Prior to P&G, Hardin was a systems test analyst in the Networking Division of IBM Corporation.

A Certified Managerial Accountant (CMA), Hardin earned her MBA in finance and accounting from University of Chicago Graduate School of Business and graduated with High Honors from New Mexico State University with a Bachelor of Arts degree in Economics and Business Computer Systems.  

Currently a nominee for the Los Angeles Business Journal’s “2007 Women Making A Difference” award, Hardin is also a member of the Board of Directors of Iomega, a global supplier of data solutions listed on the New York Stock Exchange (NYSE).