New CEO With Digital and Operational Bent to Lead Mattel; Standard Stewardship Rating Intact
Mattel has named its next chief executive officer, Margo Georgiadis, who will start on Feb. 8, while current CEO Christopher Sinclair will remain on as executive chairman. Speculation began circulating around the company’s investor day in November that Sinclair would be stepping down from the top position sooner rather than later, although the company held firm that it wouldn’t make any changes until the leadership team and board of directors felt that the company was well-positioned, recovering...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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