Goldman Sachs Comments on Mattel's (MAT) Negative Pre-announcement (HAS)

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Go back to Goldman Sachs Comments on Mattel's (MAT) Negative Pre-announcement (HAS)

Mattel Inc. (MAT) CEO Stockton Resigns; Prelim. Q4 Results Miss Expectations

January 26, 2015 9:05 AM EST

Mattel Inc. (NASDAQ: MAT) announced that Christopher A. Sinclair has been named the Companys Chairman and Interim Chief Executive Officer, effective immediately. The Company also announced that Bryan G. Stockton has resigned as Mattels Chairman and Chief Executive Officer and resigned from the Board of Directors.

Mr. Sinclair, who has served as a member of Mattels Board of Directors since 1996 and as Independent Lead Director since 2011, has extensive experience in leading global, multi-brand, consumer-focused companies. In addition to leadership roles at prominent venture capital and private equity firms, Mr. Sinclair was... More