Conde Nast Publishing Director to Head Mattel

Mattel has announced that its CEO is Roger Lynch, who resigned as CEO of Condé Nast. He will replace Inon Kreis, who has led the company since 2018.

Inon Kreis was one of those who turned Mattel from a toy manufacturer into an entertainment media holding and was behind the success of the film Barbie. Mr Kreis said he was proud of the company's achievements over the past eight years. He will take a senior position at another public company, whose name has not yet been revealed.

Roger Lynch, who has served on Mattel’s board since 2018, has served as the head of Conde Nast since 2019. He helped significantly improve the financial performance of the media holding, which for the fourth consecutive year shows a profit.

Mattel said that Roger Lynch will continue his business growth strategy. As CNBC notes, Mattel is now actively working on the development of its classic brands, among which Hot Wheels stands out.

People and dolls who challenged Barbie - in the material "Kommersant" "Anti-Barbie".

Ekaterina Naumova