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Stock impact report

Mattel hires Saban Brands chief to head new franchise division [Reuters]

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: Reuters
Mattel hires Saban Brands chief to head new franchise division | Reuters Reuters Staff 2 Min Read (Reuters) - Mattel Inc ( MAT.O ) said on Thursday Janet Hsu, the chief executive of Power Rangers owner Saban Brands, will join the Barbie doll maker as head of a newly created franchise division. Before working at Saban, Hsu worked as chief operating officer at Sanrio Inc, which owns the hugely popular Hello Kitty franchise. At Saban, Hsu oversaw the development and growth of various brands, including the Power Rangers franchise. In her new role at Mattel, Hsu will report to Richard Dickson, Mattel’s president and chief operating officer. Mattel has suffered sluggish sales following the bankruptcy of its top customer Toys ‘R’ Us and has seen top level management changes, including the departure of its chief executive in April. The new division, titled Global Franchise Management Organization, will look at new commercial ties for the toymaker’s brands, as well as focus on digital gaming Show less Read more
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