MATTEL INC /DE/ (MAT) Form 8-K — Sep 30, 2026
Mattel announced that CEO and Chairman Ynon Kreiz resigned effective October 2, 2026, to take a senior leadership role at another public company, after eight years of transformational leadership. The Board appointed Roger Lynch, a Mattel director since 2018 and current Independent Lead Director and Condé Nast CEO, as Chairman effective October 2, 2026 and as CEO no later than November 2, 2026, with Diana Ferguson becoming Independent Lead Director and Jonathan Anschell serving as interim principal executive officer.
Key figures
- New ceo base salary
- 2300000
- Relocation allowance
- 985000
- New ceo target bonus pct
- 200
- Transition effective date
- 2026-10-02 (Chairman change); CEO start no later than 2026-11-02
- Inducement psu award value
- 6000000
- Make whole rsu award value
- 6000000
- Annual lti grant value 2026
- 10000000
- Make whole cash signing bonus
- 10600000
AI analysis
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