Mattel Appoints Roger Lynch as CEO to Succeed Ynon Kreiz
Key Facts
Mattel has announced the appointment of Roger Lynch as the company's new Chief Executive Officer. Seeking Alpha reported that Lynch will succeed current CEO Ynon Kreiz in leading the global toy company.
The leadership transition follows a period of media expansion for the brand under Kreiz's tenure. Shares of MAT closed at $13.22 on September 29, 2026, with the stock trading between a low of $13.14 and a high of $13.39 during that session.
Latest Updates · 3
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Update: Ynon Kreiz, the former CEO of Mattel, has transitioned to become the Co-CEO of the newly merged Paramount-Warner entity. This appointment follows the earlier announcement of his departure from the leadership role at the toy company.
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Update: The departure of Mattel's CEO comes amid declining sales for the Barbie brand since its 2023 blockbuster movie success. This sales downturn highlights the challenges the company faces in maintaining growth momentum for its core brands.
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Update: Roger Lynch confirmed he is stepping down as CEO of Condé Nast after leading the media organization for more than 7 years. The move comes as he officially transitions to his new role at Mattel.