Mattel Management

Management criteria checks 2/4

Mattel's CEO is Ynon Kreiz, appointed in Apr 2018, has a tenure of 6.83 years. total yearly compensation is $18.95M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth €23.59M. The average tenure of the management team and the board of directors is 3.3 years and 5.7 years respectively.

Key information

Ynon Kreiz

Chief executive officer

US$18.9m

Total compensation

CEO salary percentage	7.9%
CEO tenure	6yrs
CEO ownership	0.4%
Management average tenure	3.3yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ynon Kreiz's remuneration changed compared to Mattel's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$293m
Dec 31 2023	US$19m	US$2m	US$214m
Sep 30 2023	n/a	n/a	US$83m
Jun 30 2023	n/a	n/a	US$227m
Mar 31 2023	n/a	n/a	US$266m
Dec 31 2022	US$12m	US$2m	US$394m
Sep 30 2022	n/a	n/a	US$604m
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$16m	US$2m	US$903m
Sep 30 2021	n/a	n/a	US$806m
Jun 30 2021	n/a	n/a	US$322m
Mar 31 2021	n/a	n/a	US$217m
Dec 31 2020	US$16m	US$2m	US$124m
Sep 30 2020	n/a	n/a	-US$5m
Jun 30 2020	n/a	n/a	-US$246m
Mar 31 2020	n/a	n/a	-US$243m
Dec 31 2019	US$16m	US$2m	-US$219m
Sep 30 2019	n/a	n/a	-US$204m
Jun 30 2019	n/a	n/a	-US$268m
Mar 31 2019	n/a	n/a	-US$398m
Dec 31 2018	US$17m	US$1m	-US$533m
Sep 30 2018	n/a	n/a	-US$825m
Jun 30 2018	n/a	n/a	-US$1b
Mar 31 2018	n/a	n/a	-US$1b
Dec 31 2017	US$220k	n/a	-US$1b

Compensation vs Market: Ynon's total compensation ($USD18.95M) is above average for companies of similar size in the Austrian market ($USD2.41M).

Compensation vs Earnings: Ynon's compensation has increased by more than 20% in the past year.

CEO

Ynon Kreiz (58 yo)

6yrs

Tenure

US$18,948,386

Compensation

Mr. Ynon Kreiz has been an Independent Director of Warner Music Group Corp. since May 9, 2016. He is Trustee at The Paley Center for Media since April 2022. Mr. Kreiz has been a Director and Chief Executiv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ynon Kreiz	Executive Chairman & CEO	6yrs	US$18.95m	0.40% $ 23.6m
Steve Totzke	President & Chief Commercial Officer	2yrs	US$4.35m	0.047% $ 2.8m
Anthony DiSilvestro	Chief Financial Officer	3.7yrs	US$5.31m	0.048% $ 2.8m
Jonathan Anschell	Executive VP	3.3yrs	US$3.18m	0.012% $ 727.6k
Roberto Isaias Zanatta	Executive VP & Chief Supply Chain Officer	5.2yrs	US$3.31m	0.034% $ 2.0m
Sven Gerjets	Executive VP & Chief Technology Officer	6.8yrs	no data	no data
David Zbojniewicz	VP & Head of Investor Relations	no data	no data	no data
Catherine Frymark	Executive Vice President of Corporate Communications	3.3yrs	no data	no data
Lisa McKnight	Executive Vice President & Chief Brand Officer	less than a year	no data	no data
Robbie Brenner	President of Mattel Films	5.6yrs	no data	no data
Josh Silverman	Executive VP & Chief Franchise Officer	1.6yrs	no data	no data
Chris Down	Executive VP & Chief Design Officer	less than a year	no data	no data

3.3yrs

Average Tenure

55yo

Average Age

Experienced Management: MAT's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ynon Kreiz	Executive Chairman & CEO	6.8yrs	US$18.95m	0.40% $ 23.6m
Michael Dolan	Independent Lead Director	20.3yrs	US$355.01k	0.051% $ 3.0m
Dominic Ng	Independent Director	18.3yrs	US$310.01k	0.0028% $ 162.6k
Diana Ferguson	Independent Director	3.8yrs	US$300.01k	0.0033% $ 195.6k
Julius Genachowski	Independent Director	less than a year	no data	no data
Roger Lynch	Independent Director	5.7yrs	US$295.01k	0.0045% $ 262.8k
Judy Olian	Independent Director	5.6yrs	US$285.01k	0.011% $ 622.2k
Noreena Hertz	Independent Director	1.1yrs	US$342.51k	no data
Adriana Cisneros	Independent Director	5.7yrs	US$282.51k	0.0065% $ 380.6k
Soren Laursen	Independent Director	5.9yrs	US$277.51k	0.013% $ 753.0k
Dawn Tarnofsky-Ostroff	Independent Director	less than a year	no data	no data

5.7yrs

Average Tenure

60yo

Average Age

Experienced Board: MAT's board of directors are considered experienced (5.7 years average tenure).

Mattel Management

Management criteria checks 2/4

Key information

Recent management updates

Mattel Television Studios Makes Three Key Appointments to its Executive Team

Mattel, Inc., Annual General Meeting, May 29, 2024

Mattel, Inc. Promotes Krista Berger to Senior Vice President, Barbie and Head of Dolls

Mattel, Inc. Announces Changes to Its Board

Mattel, Inc. Appoints Michelle Mendelovitz as Head of Mattel Television Studios

Mattel, Inc. Promotes Robbie Brenner to President of Mattel Films

Recent updates

Mattel Television Studios Makes Three Key Appointments to its Executive Team

Mattel, Inc., Annual General Meeting, May 29, 2024

Mattel, Inc. to Report Q1, 2024 Results on Apr 23, 2024

Mattel, Inc. announced delayed annual 10-K filing

Mattel, Inc. Promotes Krista Berger to Senior Vice President, Barbie and Head of Dolls

Mattel, Inc. Provides Earnings Guidance for the Full Years 2024 and 2025

Full year 2023 earnings released: EPS: US$0.61 (vs US$1.11 in FY 2022)

Mattel, Inc. Announces Changes to Its Board

Barington Capital Group Urges Mattel Inc. to Pursue Strategic Alternatives

Barington Capital Sends a Letter to Mattel

Mattel, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Now 21% undervalued after recent price drop

New minor risk - Earnings quality

Now 20% undervalued after recent price drop

Mattel, Inc. Appoints Michelle Mendelovitz as Head of Mattel Television Studios

Now 22% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: US$0.41 (vs US$0.82 in 3Q 2022)

Mattel, Inc. Revises Earnings Guidance for the Full Year of 2023

Mattel, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Kontoor Brands' Wrangler and Mattel Inc.'s Barbie Launch Collection of Coordinating Denim, Jackets, Tops, Tees, and Dresses for Women and Girls

Mattel, Inc. Promotes Robbie Brenner to President of Mattel Films

Mattel, Inc. Announces A New Version of Pictionary

Mattel, Inc. Announces Barbie Is Returning to Malibu with All New Adventures –And A Bit of Magic – with the Brand New Animated Series, Barbie: A Touch of Magic, Premiering September 14 on Netflix

Mattel, Inc. Unveils Additional Products Celebrating Barbie the Movie

Executive VP & Chief People Officer recently sold €870k worth of stock

Mattel's Fisher-Price Introduces New Sensory Bright™? Line

Mattel, Inc. Provides Earnings Guidance for the Year 2023

Mattel, Inc. Provides Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$0.077 (vs US$0.19 in 2Q 2022)

Now 21% undervalued

Mattel, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Mattel, Inc. Announces New Product Collection to Celebrate the Upcoming Movie, Barbie

Mattel, Inc. and Boss Beauties Debuts Their Boss Beauties X Barbie Virtual Collectibles, Featured on MattelCreations.com

First quarter 2023 earnings released: US$0.30 loss per share (vs US$0.061 profit in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.11 (vs US$2.58 in FY 2021)

Mattel, Inc. to Report Q4, 2022 Results on Feb 08, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.82 (vs US$2.27 in 3Q 2021)

Mattel, Inc. Maintains Earnings Guidance for the Full Year of 2022

Mattel, Inc. to Report Q3, 2022 Results on Oct 25, 2022

Second quarter 2022 earnings released: EPS: US$0.19 (vs US$0.016 loss in 2Q 2021)

Mattel, Inc. Provides Sales Guidance for the Fiscal Year 2022 and 2023

Mattel, Inc. to Report Q2, 2022 Results on Jul 21, 2022

Mattel Inc. Appoints Josh Silverman as Global Head of Consumer Products and Chief Franchise Officer

Mattel, Inc. Announces the Expansion of its Mattel Playback Program to Now Include Fisher-Price Toys

Investor sentiment deteriorated over the past week

Mattel, Inc. Launches Wild Twists Playing Cards by UNO

First quarter 2022 earnings released: EPS: US$0.061 (vs US$0.32 loss in 1Q 2021)

Mattel, Inc. Provides Sales Guidance for the Fiscal Year 2022 and 2023

Insufficient new directors

Mattel Films and Warner Bros. Pictures Announce J.J. Abrams’ Bad Robot to Produce Hot Wheels Live-Action Motion Picture

Mattel, Inc., Annual General Meeting, May 25, 2022

Mattel, Inc. to Report Q1, 2022 Results on Apr 27, 2022

Now 22% undervalued

Mattel, Inc. Promotes Steve Totzke to President and Chief Commercial Officer

Independent Director recently sold €195k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Mattel, Inc. Provides Earnings Guidance for the Year 2022; Updates Earnings Guidance for the Year 2023

Third quarter 2021 earnings released: EPS US$2.32 (vs US$0.91 in 3Q 2020)

Mattel, Inc. Launches New Music Producer Doll to Highlight the Gender Gap in the Industry

Mattel Debuts the 1:64-Scale Die-Cast of the 2020 Hot Wheels Legends Tour Winner, the 1970 Pontiac Trans Am Built by Riley Stair of Sacramento, California

Second quarter 2021 earnings released: US$0.016 loss per share (vs US$0.32 loss in 2Q 2020)

Mattel, Inc.(NasdaqGS:MAT) dropped from Russell 3000E Value Index

Mattel, Inc. Introduces Crossed Signals

Mattel Launches Barbie Loves the Ocean; Its First Fashion Doll Collection Made from Recycled Ocean-Bound Plastic

First quarter 2021 earnings released: US$0.33 loss per share (vs US$0.61 loss in 1Q 2020)

Mattel, Inc. Revises Earnings Guidance for the Year 2021

Mattel, Inc. Provides Earnings Guidance for the Year 2022 and in 2023

Full year 2020 earnings released: EPS US$0.36 (vs US$0.62 loss in FY 2019)