Christopher A. Sinclair
Executive Chairman of the Board
President and Chief Operating Officer
Joseph J. Euteneuer
Chief Financial Officer
Mattel was founded in the year 1945. The company has been operational for almost 74 years now. The founders of the company are Ruth Handler, Harold Matson and Elliot Handler. The name of the company was made by combining the initials of all the co-founder's names. The wife of Elliot Handler became the president of the company, and therefore, the iconic brand, Barbie, was created in the year 1959. During the 1960s, the company had revolutionised the industry with dolls that can talk. The company had become the largest toy makers in the USA, with the help of Chatty Cathy and Seen N'Say toys range. Also, during the 1980s and the 1990s, the company also distributed various types of Nintendo products in countries like the United Kingdom and as well as Canada.
Then in the year 2002, the company had closed its last factor for Fisher-Price in the USA and moved all of the company’s manufacturing to China. In the year 2007, the company had to recall almost 18 million toys, which included Dora The Explorer toys as well as Sesame Street, due to the lead-based paints that were being used in the products, in China. In the year 2010, the company had purchased HIT Entertainment for about $68 million. Three years later in the year 2013, the company had launched its new in-house film studio, which was named as Playground Productions. The same year, Fortune magazine named the company as one of the best companies to work in. In the year 2016, the company was announced to be manufacturing toys based on the Jurassic Park theme, by NBC Universal, as the rights of Hasbro was going to expire in 2017. In the year 2017, Hasbro planned to take over Mattel, which was rejected by the company. The company also opened a mobile development and publishing studio, known as Mattel163, with the help of a Chinese video game company called NetEase. In the year 2018, the company launched its film division, known as Mattel Films. The company also reorganised Mattel Television, in the year 2019. The headquarters of the company is based in 333 Continental Boulevard. The name of the place is El Segundo, while the name of the state is California, USA. The pin code of the area is 90246.
Mattel is an American company that focuses on designing and manufacturing of various kinds of toys, along with the production of other media related content, such as films, movies, TV shows, etcetera, for its customers. The current CEO and chairman of the company are Ynon Kreiz. As of the year 2018, the total revenue sales generated by the company is more than $1.5 billion. Also, the number of employees currently working at the company, as of the year 2018, is more than 25,800.
The primary services of the company include allowing customers to purchase various kinds of toys, dolls and games, that are designed and manufactured by the company itself. The company also engages in developing mobile video games, films, movies, and other media content, with the help of its own in-house production channels.
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