EL SEGUNDO, Calif.,
Aug. 16, 2018 /PRNewswire/
-- Mattel, Inc. (NASDAQ: MAT) today announced the promotion of
Steve Totzke to the role of Chief
Commercial Officer, with oversight of a new, unified global
commercial organization for Mattel, effective immediately. Mr.
Totzke will report to Ynon Kreiz, Mattel's Chairman and Chief
Executive Officer.
"Over the past several months, we have been executing our
strategy to restore Mattel to its position as a high-performing toy
company," said Ynon Kreiz, Chairman and CEO of Mattel. "Maximizing
our commercial capabilities around the world is central to this
strategy. With the alignment of all global commercial operations
under Steve, we have the leadership structure required to
succeed."
As Chief Commercial Officer, Mr. Totzke will directly manage a
unified global commercial organization for Mattel, working closely
with Mr. Kreiz as well as Richard
Dickson, Mattel's President and Chief Operating Officer.
Partnering with regional leaders in markets around the world, Mr.
Totzke will be responsible for driving continued commercial
excellence for Mattel, maximizing retail partnerships and expanding
the company's e-commerce capabilities.
Mr. Totzke has held a wide variety of leadership roles with
Mattel over the course of nearly 20 years, in areas including
sales, marketing and business operations. Most recently, he served
as Executive Vice President and Chief Commercial Officer,
North America, with responsibility
for commercial execution, sales and merchandising strategy in the
North American market. Previously, Mr. Totzke held a number of
leadership roles with Mattel, including Senior Vice President,
Sales, VP and General Manager of Mattel's operations in
Australia and New Zealand. In addition, Mr. Totzke
served as a Vice President with Spin Master Corporation from 2000
to 2002; prior to that he held sales and marketing roles with
Mattel from 1996 to January 2000.
Mr. Kreiz added: "Steve is an exceptional, world-class leader,
and along with the entire leadership team, I am confident he will
play an instrumental role in executing our transformation
strategy."
"I am excited by Mattel's direction under Ynon's leadership, and
by the clear momentum the company is exhibiting, particularly in
our key power brands like Barbie® and Hot Wheels®," said Mr.
Totzke. "I am looking forward to working closely with Ynon and the
team to further strengthen Mattel's global commercial
excellence."
About Mattel
Mattel is a leading global children's
entertainment company that specializes in design and production of
quality toys and consumer products. We create innovative products
and experiences that inspire, entertain and develop children
through play. We engage consumers through our portfolio of iconic
franchises, including Barbie®, Hot Wheels®, American Girl®,
Fisher-Price® and Thomas & Friends®, as well as other popular
brands that we own or license in partnership with global
entertainment companies. Our offerings include film and television
content, gaming, music and live events. We operate in 40 locations
and sell products in more than 150 countries in collaboration with
the world's leading retail and technology companies. Since its
founding in 1945, Mattel is proud to be a trusted partner in
exploring the wonder of childhood and empowering kids to reach
their full potential. Visit us online at www.mattel.com.
Contacts:
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News
Media
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Securities
Analysts
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Alex Clark
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Whitney
Steininger
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310-252-6397
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310-252-2703
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alex.clark@mattel.com
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whitney.steininger@mattel.com
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MAT-CORP
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SOURCE Mattel, Inc.