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News 2026-09-30 18:46 UTC

Mattel Shares Decline after CEO Departure News

Mattel, Inc. (NASDAQ: MAT ) shares are trading down almost 4% on Wednesday. The company disclosed that current Chairman and CEO Ynon Kreiz will step down from the post on Oct. 2 to take a senior leadership role at another publicly traded company. The company named Mattel board member and Condé ​Nast CEO Roger Lynch as