Mattel’s Management Roster Continues to Evolve With Appointment of Executives; Shares Undervalued
Narrow-moat Mattel has announced the appointment of its new CFO, former Sprint, Qwest Communications, and XM Satellite Radio CFO Joe Euteneuer. Euteneuer replaced longtime CFO Kevin Farr, who announced he would step down in June 2017 once a successor CFO had been found. While Euteneuer has little exposure to the toy industry and its ongoing trends, he has a litany of experience with companies in transition, which is a category Mattel currently falls squarely into. Additionally, Mattel has brough...Mattel is a global children's entertainment company that engages in the design and production of toys and consumer products. The company's portfolio of owned and licensed brands and products are organized into the following categories: Dolls, which include brands such as Barbie, American Girl, Enchantimals, and Polly Pocket; Infant, Toddler, and Preschool, which include brands such as Fisher-Price and Thomas & Friends, Power Wheels, Fireman Sam, and Shimmer and Shine (Nickelodeon); Vehicles, which include brands such as Hot Wheels, Matchbox, CARS (Disney Pixar), and Jurassic World (NBCUniversal); Action Figures, Building Sets, and Games, which include brands such as MEGA, UNO and WWE.
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