Mattel Appoints Christopher Farrell as Executive Vice President and Chief Strategy Officer
February 08 2024 - 11:00AM
Business Wire
Mattel, Inc. (NASDAQ: MAT) announced today that Christopher
Farrell has joined the Company as Executive Vice President and
Chief Strategy Officer, effective immediately. Mr. Farrell will
lead strategic planning and corporate development for the Company,
including identifying opportunities to accelerate growth and
profitability and optimize business performance. He will report to
Ynon Kreiz, Chairman and CEO of Mattel.
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Christopher Farrell (Photo: Business
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Mr. Kreiz said: “Chris brings to Mattel a wealth of expertise in
strategic planning, M&A, and corporate development and we
welcome him to the leadership team as we advance our strategy to
grow Mattel’s IP-driven toy business and expand our entertainment
offering. I look forward to partnering closely with Chris on
opportunities to further our growth profile and enhance long-term
shareholder value.”
As a senior executive, Mr. Farrell has deep experience in the
areas of strategy, M&A, investment banking, investor relations,
and communications, primarily in the consumer and retail
sectors.
Mr. Farrell joins Mattel from Ahold Delhaize, the Dutch
multinational food retailer with operations in the U.S., Europe and
Asia, where he was Global Head of M&A for the last five years.
He had previously served as Head of Strategy, M&A, and Investor
Relations for Delhaize Group and played a leading role in the
merger between Ahold and Delhaize, as well as driving other
strategic initiatives. In total, he spent 10 years with the two
organizations.
Mr. Farrell also previously served as Chief Strategy Officer at
Authentic Brands Group.
Earlier in his career, Mr. Farrell spent over 20 years as an
investment banker, including as a Managing Director with UBS
Securities and DKW (previously Wasserstein Perella), primarily
focused on providing strategic and financial advice to companies
seeking to grow in existing or new markets. He holds a bachelor’s
degree in economics from Stetson University and a Master of
Business Administration from Fordham University.
Mr. Farrell added: “Mattel is an iconic company with an
incredible portfolio of brands and a strong foundation. I look
forward to working with Ynon and Mattel’s talented group of
executives. I am thrilled to join at this exciting juncture in the
company’s history and to be part of shaping the future as we pursue
various avenues of value creation for our stakeholders.”
About Mattel
Mattel is a leading global toy company and owner of one of the
strongest portfolios of children’s and family entertainment
franchises in the world. We create innovative products and
experiences that inspire, entertain, and develop children through
play. We engage consumers through our portfolio of iconic brands,
including Barbie®, Hot Wheels®, Fisher-Price®, American Girl®,
Thomas & Friends®, UNO®, Masters of the Universe®, Monster
High® and MEGA®, as well as other popular intellectual properties
that we own or license in partnership with global entertainment
companies. Our offerings include film and television content,
gaming and digital experiences, music, and live events. We operate
in 35 locations and our products are available in more than 150
countries in collaboration with the world’s leading retail and
ecommerce companies. Since its founding in 1945, Mattel is proud to
be a trusted partner in empowering children to explore the wonder
of childhood and reach their full potential. Visit us online at
mattel.com.
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Press Contact Catherine Frymark
catherine.frymark@mattel.com
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