Mattel announced on Wednesday that Roger Lynch, who has served as CEO of Condé Nast for more than seven years, will become the toymaker's new chief executive and chairman, replacing Ynon Kreiz.
According to Variety, Lynch will become chairman of Mattel effective Oct. 2 and will assume the CEO role "effective on or before" Nov. 2.
Kreiz, the outgoing CEO, had been credited with pushing Mattel into entertainment, including box office successes such as "Barbie," according to The Hollywood Reporter. Variety reported that Kreiz is exiting for a new job.
Lynch's departure from Condé Nast, where he has led the media company for more than seven years, was accompanied by a memo to staffers, according to Business Insider.
How each side covered it
Left
- Business Insider noted Lynch sent a memo to Condé Nast staffers announcing his departure.
- Variety reported specific transition dates: chairman role Oct. 2, CEO role by Nov. 2.
- The Hollywood Reporter highlighted Kreiz's role in pushing Mattel into entertainment, citing "Barbie" as a box office hit.
- Outlets described the move as a major shake-up for both companies.
“Roger Lynch will succeed Ynon Kreiz, the executive responsible for pushing Mattel into entertainment, with box office hits like 'Barbie.'” — The Hollywood Reporter
Center
- CNBC and The Wall Street Journal reported the leadership change concisely, naming Lynch as the incoming CEO.
- Coverage centered on Lynch replacing Kreiz at Mattel.
“Mattel announced on Wednesday that Roger Lynch would serve as CEO and Chairman, replacing Ynon Kreiz.” — CNBC
Right
- New York Post reported Lynch's stepping down from Condé Nast after more than seven years to lead Mattel.
“Condé Nast CEO Roger Lynch announced Wednesday that he is stepping down after more than seven years on the job to join Mattel as its new chief executive.” — New York Post
Questions readers ask
Who is Mattel's new CEO?
Mattel named Roger Lynch, who had served as CEO of Condé Nast for more than seven years, as its new chief executive and chairman.
Who did Roger Lynch replace at Mattel?
Lynch is replacing Ynon Kreiz, who is leaving Mattel for a new job, according to Variety.
When does Roger Lynch start at Mattel?
According to Variety, Lynch becomes chairman effective Oct. 2 and will assume the CEO role "effective on or before" Nov. 2.
What was Ynon Kreiz known for at Mattel?
The Hollywood Reporter credited Kreiz with pushing Mattel into entertainment, including box office hits like "Barbie."
Sources · 8 outlet reports
- Business InsiderLeft-leaningCondé Nast CEO Roger Lynch is leaving to run toy giant Mattel. Read his memo to staffers.
- The Hollywood ReporterLeft-leaningCondé Nast CEO Leaves to Run Mattel In Major Shake Up
- VarietyLeft-leaningMattel Hires Condé Nast’s Roger Lynch as CEO, Ynon Kreiz to Exit for New Job
- CNBCCenterMattel names Roger Lynch as CEO, replacing Ynon Kreiz
- DeadlineCenterCondé Nast CEO Roger Lynch Jumps To Top Job At Mattel, Succeeding Ynon Kreiz
- ReutersCenterMattel taps Condé Nast's Lynch as CEO Kreiz, who led brand revival, departs
- The Wall Street JournalCenterCondé Nast CEO Roger Lynch Steps Down to Join Mattel
- New York PostRight-leaningCondé Nast CEO Roger Lynch stepping down, will now lead Mattel