Author: Michael

Mattel CEO Ynon Kreiz is exiting the toymaker to join David Ellison’s Paramount as it merges with Warner Bros. Discovery, according to media reports. On Wednesday, Mattel revealed that Kreiz was leaving for another senior leadership position at an undisclosed public company, effective Friday, and that he would be succeeded by Conde Nast CEO Roger Lynch. Kreiz’s role in the combined company could not immediately be learned. Representatives for Mattel and Paramount did not immediately return TheWrap’s request for comment. During Kreiz’s tenure, Mattel has ranked number one globally in the Dolls, Vehicles, and Infant, Toddler & Preschool toy categories.…

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