---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-145663"
form_type: "8-K"
ticker: "MAT"
cik: "0000063276"
company_name: "MATTEL INC /DE/"
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T07:10:43.662480+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mattel CCO Steve Totzke to depart May 1; Sanjay Luthra promoted as successor

## Summary
- Steve Totzke will step down as President and CCO effective May 1, 2026; will serve as Executive Advisor through Dec 31, 2026.
- Sanjay Luthra, previously EVP and Managing Director of EMEA and Global DTC, appointed CCO effective May 1.
- Luthra will report to CEO Ynon Kreiz and oversee global sales and commercial operations.
- Totzke will receive severance, COBRA premium payments for up to 18 months, and a car allowance under separation agreement.
- Totzke joined Mattel in 1996; was CCO since 2018 and President since 2022; inducted into Canadian Toy Hall of Fame in 2025.

## SEC filing metadata
- accession: 0001193125-26-145663
- form_type: 8-K
- ticker: MAT
- cik: 0000063276
- company_name: MATTEL INC /DE/
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63276/000119312526145663/0001193125-26-145663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63276/000119312526145663/d109859d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-145663
- JSON: https://secwatch.observer/filing/0001193125-26-145663.json
- Plain text: https://secwatch.observer/filing/0001193125-26-145663.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.