Co-founder, Chairman & Chief Executive Jakks Pacific Inc.
MANUFACTURING & RETAIL | 2022 LA500
Berman co-founded the toy company in 1995. He has served as executive vice president, secretary and director and was named chief executive in 2010. The toymaker’s net sales last year were $621 million, a 20% increase from 2020. The company also narrowed its losses from $15.5 million to $7.3 million. Jakks Pacific’s proprietary brands include Fly Wheels, Kitten Catfé, Perfectly Cute, ReDo Skateboard Co, X-Power, Disguise, Moose Mountain, Maui, Kids Only!, and C’est Moi clean beauty product line. Jakks also sells a wide range of licensed products from the Walt Disney Co., Warner Bros., Activision, NBCUniversal, Microsoft and Nintendo.