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Global bonds faced renewed selling pressure, pushing borrowing costs in the U.S., France and Japan to multi-decade highs as inflation and stronger growth expectations fueled concerns about higher rates. The U.S. 10-year Treasury yield briefly hit 5.34%, its highest since 2002, before retreating as bargain hunters stepp
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
EL SEGUNDO (dpa-AFX) - Mattel, Inc. (MAT), a toy maker and entertainment company, said on Wednesday that its Chairman and Chief Executive Officer, Ynon Kreiz, will step down with effect from October 2 to take up a senior leadership role at another company.Subsequently, the company has appointed its…
Lynch is Mattel's independent lead director and will assume chairman duties Oct. 2, 2026. CEO duties are due on or before Nov. 2, 2026, as Ynon Kreiz steps down and takes a senior leadership role at another public company.
Mattel said Roger Lynch, currently a board member and independent lead director, will become chairman on Oct. 2, 2026 and chief executive on or before Nov. 2, 2026. Ynon Kreiz will step down as chairman and CEO on Oct. 2, 2026 to take a senior leadership position at another public company.