Mattel names Peter Griffith CFO and board director, succeeding Paul Ruh

MATTEL INC /DE/

Griffith, 67, was Amgen EVP and CFO from January 2020 to August 2026; he starts at Mattel October 20, 2026.
Offer Letter: $1,300,000 base salary, 100% target bonus, $3,300,000 inducement PSU award, and $1,400,000 signing bonus.
Ruh ceases as CFO October 19, 2026, stays as Executive Advisor at $950,000 annually through December 31, 2026.
Director Adriana Cisneros resigned from Mattel's board on October 18, 2026; no disagreement cited.
Ruh's separation qualifies as a Covered Termination under Severance Plan B, with COBRA premiums for up to 24 months.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.