Mattel (MAT) Said to Appoint New Head of Barbie Unit
Get Alerts MAT Hot Sheet
Join SI Premium – FREE
Mattel (NASDAQ: MAT) is said to have appointed Lisa McKnight as the head of its Barbie business, according to Dow Jones.
McKnight will replace Evelyn Mazzocco, who led the unit since 2014. It wasn't made clear what Mazzocco's role would be at Mattel, though she's still with the company.
News comes as Barbie recently launched new body shapes for its popular doll. Sales for the unit inched up to $328 million in the most-recent quarter, breaking a sales decline of eight-straight quarters.
Shares of Mattel are up 2 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mattel Inc. (MAT) PT Raised to $27 at DA Davidson
- Visa (V) stock rises as Q2 earnings, revenue come ahead of estimates
- Hyzon Motors (HYZN) Announces Resignation of President, North America Pat Griffin
Create E-mail Alert Related Categories
Insiders' Blog, Management ChangesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!