Mattel has appointed Christopher Farrell as Government Vice President and Chief Technique Officer. Farrell will report back to Ynon Kreiz, Chairman and CEO of Mattel.
Within the function, Farrell will lead company improvement and strategic planning for the corporate. This consists of figuring out alternatives to speed up progress and profitability, and optimizing enterprise efficiency.
Farrell has expertise in technique, (mergers & acquisitions (M&A), investor relations, investment banking, and communications within the retail and shopper sectors.
Farrell beforehand served as World Head of M&A at Ahold Delhaize, the Dutch multinational meals retailer. He additionally served as Head of Technique, M&A, and Investor Relations for Delhaize Group, the place he performed a number one function within the merger between Ahold and Delhaize.
Farrell has additionally held the place of Chief Technique Officer at Genuine Manufacturers Group. Earlier in his profession, Farrell spent over twenty years as an funding banker. He was a Managing Director with UBS Securities and DKW (beforehand Wasserstein Perella), and he centered on offering financial and strategic recommendation to corporations trying to develop.
“Chris brings to Mattel a wealth of experience in strategic planning, M&A, and company improvement and we welcome him to the management group as we advance our technique to develop Mattel’s (mental property) IP-driven toy enterprise and broaden our leisure providing,” Kreiz says. “I look ahead to partnering carefully with Chris on alternatives to additional our progress profile and improve long-term shareholder worth.”
“Mattel is an iconic firm with an unbelievable portfolio of manufacturers and a powerful basis. I look ahead to working with Ynon and Mattel’s gifted group of executives,” Farrell says. “I’m thrilled to affix at this thrilling juncture within the firm’s historical past and to be a part of shaping the long run as we pursue varied avenues of worth creation for our stakeholders.”
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