Mattel appoints Ynon Kreiz as Chairman

by TnP Staff
Published: 12 February 2018, 10:50
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Mattel appoints Ynon Kreiz as Chairman

Move follows CEO’s retirement announcement

Mattel has appointed Ynon Kreiz, a director of Mattel since June 2017, as Non-Executive Chairman of the Mattel Board of Directors, effective at the 2018 Annual Meeting of Stockholders.

Kreiz succeeds Christopher A. Sinclair, the Executive Chairman of the Mattel Board and former CEO of Mattel, who last June announced his intention to retire at the end of his term.

"Over the past several months, the Board has benefitted immensely from Ynon's deep expertise across digital, media and entertainment. Ynon has cutting-edge perspective on areas essential to our transformation strategy, giving the Board full confidence that he is the right person to succeed Chris as Chairman at this critical juncture in Mattel's history," said Michael J. Dolan, Independent Lead Director of the Mattel Board.

"On behalf of the Board and management team, I want to extend my sincere thanks to Chris for his many years of service to Mattel, both as CEO and Executive Chairman. Chris' contributions to Mattel are innumerable and we wish him the very best in his well-deserved retirement," added Mr. Dolan.

Kreiz brings more than two decades of experience in the media and entertainment industries. He is the former Chairman and CEO of Maker Studios Inc., a leading creator of online short-form video content, which was acquired by The Walt Disney Company in 2014. He previously served as Chairman and CEO of Endemol Group, one of the world's largest independent television production companies. Prior to that, he was co-founder, Chairman and CEO of Fox Kids Europe N.V. He serves on the Board of Directors at Warner Music Group and is also a member of the Board of Advisors of the UCLA Anderson School of Management.