Holiday Products, Classic Erotica Restructure Senior Management

Mar 24, 2014 10:00 AM PST

CHATSWORTH, Calif. — Holiday Products and Classic Erotica have announced a restructuring of their top management team effective today.

Founder and CEO Moe Levy said Loren Levy is now President of Classic Erotica, and Ken Sahn has been appointed President of Holiday Products.

Levy also announced that Andrew Goetsch has been named CFO of W.T.F.N., parent Company of Holiday Products and Classic Erotica.

“Loren has been by my side in our business for almost 20 years. He has done an incredible job building Classic Erotica into a world-class brand, broadening its awareness and reach,” Levy said. “He works tirelessly in all facets of the business and I am extremely proud of him and his accomplishments. Loren has essentially been in the President position for years; this announcement just makes it official.”

Commenting on Sahn’s promotion from vice president to President of Holiday, Levy said, “When Kenny came to us, I knew that we had an experienced, proven manager and leader. Four years later, I couldn’t have imagined all that he has brought to my company. I gave him the keys to Holiday Products and he has built an incredible team and a very strong division. Kenny has earned this promotion and my unequivocal trust,” Levy continued.

Levy also lauded Goetsch’s appointment as corporate CFO. “Andy has been with us for six months and has been an incredible addition to our team. His background as a CPA and ‘Big 4’ consultant was a major factor in bringing him on board. However, his knowledge, passion and vast experience in business development make him an excellent fit for W.T.F.N,” Levy said.

The company founder continued, “I am very fortunate to have assembled such a strong senior management team. This was a necessary step in order to support the growth we are experiencing at Holiday Products and Classic Erotica.

“The plan I’ve implemented is a natural progression for my business and a necessity for our future. I have placed into key decision-making positions those individuals who will take our company to the next level of growth domestically and internationally.”

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