CONNECT WITH US
eCommerce

eCommerce

Mattel names second CFO in under 18 months

Retail Dive – E-commerce logo

Published on

Add as a preferred source on Google
Mattel names second CFO in under 18 months

Peter Griffith joins from a biotech company. Paul Ruh, who has been CFO since the spring of 2025, will serve as an adviser through the end of the year.

The toy company’s appointment of a chief financial officer comes weeks after the company named a new CEO. At the end of September, Lynch was named chief executive. He was previously the CEO of Condé Nast and served on Mattel’s board since 2018.

Then-CEO Ynon Kreiz stepped down from the top Mattel spot and was shortly thereafter named co-CEO of the Paramount and Warner Bros. combined company.

Griffith brings to Mattel expertise in strategic transactions, capital allocation, technology investments, cybersecurity and business transformation. Prior to his time at Amgen, Griffith worked with private equity and advisory firm Sherwood Canyon Group. He also spent over two decades as a partner at accounting and professional services firm EY, formerly Ernst & Young.

“Peter is a highly accomplished and respected financial leader with a proven track record of enabling growth, driving financial discipline, and allocating capital strategically,” Lynch said in a statement regarding Griffith’s appointment. “His deep experience spanning global financial management, private equity, and investment banking will be invaluable as we look to sharpen our execution and improve our performance.”

S. Securities and Exchange Commission. 3 million, which will vest at the end of a three-year period. 4 million.



Source link
Related Topics:eCommerce

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.