Business
Hasbro Board of Directors Issues Letter to Shareholders
Announces Investor Day on October 4, 2022 to Outline New CEO Chris Cocks’s Strategic Plan PAWTUCKET, R.I.--(BUSINESS WIRE)-- Hasbro, Inc. (NASDAQ: HAS), a
About this update from Hasbro, Inc.
[{"type":"text","content":"\nAnnounces Investor Day on October 4, 2022 to Outline New CEO Chris Cocks’s Strategic Plan\n\n PAWTUCKET, R.I.--(BUSINESS WIRE)--\nHasbro, Inc. (NASDAQ: HAS), a global play and entertainment company, today issued a letter to shareholders following its 2022 Annual Meeting of Shareholders. The full text of the letter is below, which can also be found, at www.HasbroGamePlan.com.\n\nJune 16, 2022\n\nDear Fellow Shareholder:\n\nFollowing our 2022 Annual Meeting of Shareholders, on behalf of the entire Board and management team, we want to thank you for your investment, continued support, extensive engagement and constructive feedback. We have heard your perspectives, including around shareholder returns, how we make investments in the business and our ongoing approach to Board refreshment.\n\nWhile we are excited about and confident in Hasbro’s future, we also know we have important work ahead of us. With the Board’s support, our CEO, Chris Cocks, is moving forward with the refinement of Hasbro’s long-term strategy, which includes actions to drive meaningful change by focusing on fewer, bigger opportunities, profitably growing our world-class portfolio of brands and amplifying our industry-leading gaming portfolio. As Chris has emphasized, critical to this change will be putting the consumer at the center of everything we do, with a spotlight on games, multi-generational play and entertainment and creating direct relationships with our fans.\n\nAs the Board works with Chris on this plan, we will actively incorporate the feedback we have received over this past proxy season to help him shape the future of Hasbro and enhance the value we deliver to our shareholders. We will continue engaging with you to solicit feedback, and you can look forward to Chris and the management team outlining our path ahead at our Investor Day on October 4, 2022.\n\nThank you again for your support of the Hasbro Board of Directors at our 2022 Annual Meeting. We look forward to a continued dialogue, which will be critical to our sustained success.\n\nSincerely,\n\nYour Hasbro Board of Directors\n\nAbout Hasbro\n\nHasbro (NASDAQ: HAS) is a global play and entertainment company committed to making the world a better place for all children, fans and families. Hasbro delivers immersive brand experiences for global audiences through consumer products, including ...