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Condé Nast CEO Leaves to Run Mattel In Major Shake Up
The Hollywood Reporter • • general
Key Points:
- Mattel has appointed Roger Lynch as its new CEO and chairman, succeeding Ynon Kreiz, who is leaving to join another public company; Lynch will step down as CEO of Condé Nast to take on this role.
- Ynon Kreiz led Mattel's transformation into an entertainment-focused company, with successes like the Barbie movie and upcoming projects such as a Hot Wheels film with Warner Bros.
- Roger Lynch, previously a technology executive and lead independent director at Mattel since 2018, praised the company's strong brand portfolio and entertainment partnerships, expressing excitement for leading Mattel's next growth phase.
- At Condé Nast, Mike Perlis will serve as interim CEO following Lynch’s departure; Perlis is a seasoned publishing executive and former CEO of Ziff-Davis and Forbes.
- Both Mattel and Condé Nast emphasized smooth leadership transitions, with Mattel naming Diana Ferguson as lead independent director and Condé Nast expressing confidence in continuing progress under new interim leadership.
