Mattel, Inc (NASDAQ:MAT) Assigns Laursen More Roles


Mattel, Inc (NASDAQ:MAT) is a company that focuses in developing toys and a wide range of other consumer goods. Most of the children like its top-notch toys since they give them a great time while playing. It was today that the business guru spoke in relation to the appointment of Soren T. Laursen.

A close outlook

The new official takes up his roles from October. He will serve as the company’s Executive Director. Mr. Laursen is great talent considering his diverse experience that spans over 25 years. The official promises to do his level best to ensure that the company’s growth strategy becomes a major success.

The company looks forward to accomplishing quite much in Europe. It eyes areas such as retail collaborations, regional partnerships, commercial execution and the development of its wide range of products.

The CEO of Mattel Ynon Kreiz opined, “As we continue to execute our strategy to transform Mattel into an IP-driven, high-performing toy company, Soren’s expertise will help accelerate our momentum. Soren’s knowledge of the commercial landscape in the toy industry is exceptional.”

Plans into the future

Kreiz asserts that with the most recent strategies they will succeed in their quest to help the company witness outstanding success. The official also says they are serious about giving the average shareholder great value in the long run.

The company wants to lift its business performance by a large margin. It hopes the official collaborates with the rest of the team members. That is one of the best ways for it to experience great transformation.

Mattel looks forward to taking advantage of Mr. Laursen’s expertise and experience. The official has served in a number of top positions in major organizations. At TOP-TOY Holding, the leader served as the CEO where he led the company towards developing high end products for children.

Mr. Laursen won’t stop any of his roles as a member in the Board of Directors of Mattel. However, the company seeks to ensure he upholds his independence. The official will no longer be a part of the company’s Social Responsibility Committee.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.