Mattel Hires Condé Nast’s Roger Lynch as CEO, Ynon Kreiz to Exit for New Job
Mattel is getting a new CEO: The toymaker and media company announced that Roger Lynch, who’s been chief exec of Condé Nast for more than seven years, will become its next CEO. Lynch will become chairman of Mattel effective Oct. 2 and will assume the role of CEO “effective on or before” Nov. 2. He […]
Conde Nast CEO Roger Lynch announced his departure from the media company to take on the role of CEO at Mattel after a seven-year tenure. Mattel CEO Ynon Kreiz, who orchestrated the company's transition into Hollywood with the successful "Barbie" movie and several other film and TV adaptations, is leaving the toy giant to pursue a new opportunity.
Kreiz's leadership was instrumental in driving Mattel's expansion into entertainment and digital products, transforming the brand into a leading IP-driven play and family entertainment company. Lynch, who has overseen the Conde Nast portfolio for seven years, will become the new Chairman of Conde Nast upon Kreiz's departure. The toy company's board member Mike Perlis will serve as interim CEO during Condé Nast's search for a new leader.
Lynch expressed his gratitude for the opportunity to lead Condé Nast, highlighting the company's growth in digital subscriptions, commerce revenue, and US tentpole events during his tenure. Kreiz, in turn, praised Lynch's leadership and the company's strong position under his guidance.
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