EL SEGUNDO, Calif.,
March 14, 2018 /PRNewswire/
-- Mattel, Inc. (NASDAQ: MAT) announced today that the
Company's Board of Directors has selected R. Todd Bradley, Soren T.
Laursen and Rosa ("Rosie") G. Rios to be director nominees
to stand for election to Mattel's board at the 2018 Annual Meeting
of Stockholders.
"Todd, Soren and Rosie bring extremely valuable expertise to the
board in a variety of key areas, and they each have experience
successfully guiding large enterprises through turnaround periods,"
said Margo Georgiadis, CEO of
Mattel. "Along with Ynon Kreiz who joined the board last year and
was appointed chairman effective later this year, Mattel's board is
optimally positioned to provide insightful, actionable leadership
as we continue to take steps to reposition our business and set a
foundation for accelerated growth."
Todd Bradley brings expansive
global supply chain management and operating experience to Mattel's
board. Mr. Bradley has deep expertise in optimizing manufacturing
and logistics networks to maximize agility, meeting the needs of
today's demand-led marketplace. He also has extensive experience in
China – a key growth market for
Mattel – where he has built and managed highly successful
partnerships to help establish and grow brand engagement and
awareness. Most recently, Mr. Bradley served as CEO of Mozido,
Inc., a leading digital payment and mobile commerce provider. Prior
to that, Mr. Bradley served as president of TIBO Software, Inc., an
integration, analytics and event-processing software company.
Previously, Mr. Bradley held senior leadership positions with the
Hewlett-Packard Company, including Executive Vice President of
Strategic Growth Initiatives, Executive Vice President of Printing
and Personal Systems Group, and Executive Vice President of the
Personal Systems Group. Mr. Bradley also served as CEO of PalmOne,
Inc., the pioneering personal digital assistant (PDA) maker that
helped pave the way for smartphones and other connected mobile
devices.
A veteran global toy industry executive, Soren Laursen brings global commercial
experience to Mattel, with deep expertise in developing strong
brand franchises supported by breakthrough media, digital and
technology activations. He most recently served as CEO of TOP-TOY,
the largest retailer of toys and children's products in the Nordic
region, operating approximately 300 retail locations in
Denmark, Finland, Iceland, Norway and Sweden, along with multiple stores in
Germany. Prior to that, Mr.
Laursen held a variety of senior leadership roles with The LEGO
Group. Mr. Laursen served as President of LEGO Systems, Inc., from
2004 to 2016. Before that, he oversaw the LEGO Company's operations
in various international markets, including Europe and Asia/Pacific. Mr. Laursen serves as an advisor
to The Toy Association – the leading toy industry trade group –
where he also served as a member of the association's Board of
Directors from 2004 to 2014, and as Chairman from 2012 to 2014.
Rosie Rios brings to Mattel's
board vast experience in finance and business leadership, along
with a record of successfully transforming complex organizations to
be more nimble and agile. She currently serves as CEO of Red River
Associates, a real estate and economic development consulting firm,
and as founder and CEO of EMPOWERMENT 2020, an action-based
movement for the advancement of women and girls in underrepresented
areas of influence. She also serves as a visiting scholar at the
Radcliffe Institute for Advanced Study at Harvard University. Prior to that, Ms. Rios served
as the 43rd Treasurer of the United
States. During her tenure with the Department of the
Treasury, Ms. Rios effected over $1
billion in savings, while increasing employee morale at
record levels. In addition, she led the effort to place the
portrait of a woman on U.S. currency for the first time in more
than a century. Previously, she served as Managing Director with
MacFarlane Partners, and as an economic development and urban
revitalization advisor to mayors and other government officials in major cities including
Oakland, Calif., San Francisco, Calif., and Washington, D.C.
Ms. Georgiadis added: "Over the past several months, we have
gathered feedback from our shareholders to understand the qualities
they would like to see in board nominees, and we believe Todd,
Soren and Rosie embody the characteristics we identified through
that process. We thank our investors, including Legion Partners and
Southeastern Asset Management, for their partnership in identifying
outstanding board prospects."
About Mattel
Mattel is a global learning, development
and play company that inspires the next generation of kids to shape
a brighter tomorrow. Through our portfolio of iconic consumer
brands, including American Girl®, Barbie®, Fisher-Price®, Hot
Wheels® and Thomas & Friends®, we create systems of play,
content and experiences that help kids unlock their full potential.
Mattel also creates inspiring and innovative products in
collaboration with leading entertainment and technology companies
as well as other partners. With a global workforce of approximately
28,000 people, Mattel operates in 50 countries and territories and
sells products in more than 150 nations. Visit us online at
www.mattel.com.
News Media
Alex Clark
310-252-6398
alex.clark@mattel.com
MAT-CORP
View original content with
multimedia:http://www.prnewswire.com/news-releases/mattel-nominates-new-board-members-300614320.html
SOURCE Mattel, Inc.