Mattel announced on January 16, 2025, that Anthony DiSilvestro, the company's Chief Financial Officer, plans to retire on May 15, 2025. DiSilvestro, who joined Mattel in August 2020, will continue to serve as an advisor through August 15, 2025, to ensure a smooth transition.
Chairman and CEO Ynon Kreiz expressed gratitude for DiSilvestro's contributions, noting his key role in steering Mattel to its strongest financial position in years. During his tenure, Mattel achieved an investment-grade rating, optimized operations, and generated over $400 million in cost savings.
The company has initiated a comprehensive search process with the assistance of a leading executive search firm to find DiSilvestro's successor. This planned departure marks a significant leadership transition for Mattel's finance organization.
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