Press release
Mattel Appoints Sai Koorapati Senior Vice President and Chief Technology Officer
EL SEGUNDO, Calif.--(BUSINESS WIRE)-- Mattel, Inc. (Nasdaq: MAT), a leading global toy and family entertainment company and owner of one of the most iconic
About this update from Mattel, Inc.
[{"type":"text","content":" EL SEGUNDO, Calif.--(BUSINESS WIRE)--\nMattel, Inc. (Nasdaq: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced today that Sai Koorapati has been appointed Senior Vice President and Chief Technology Officer for the company, effective August 19, 2024. Koorapati will report to Anthony DiSilvestro, CFO of Mattel.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240814209045/en/Sai Koorapati (Photo: Business Wire)\nDiSilvestro said, “We are thrilled to welcome Sai to our leadership team at Mattel. He brings to our company a strong track record leading digital transformations and proven experience across enterprise applications, customer-facing systems, and cybersecurity tools. We look forward to the benefit of Sai’s expertise navigating complex technological landscapes and empowering innovation at Mattel.”\n\n\nIn his role, Koorapati oversees all aspects of Mattel’s technology innovation and implementation, including shared platforms, software and hardware development, artificial intelligence (AI), and connected product design and creation. He also leads Mattel’s online security and privacy.\n\n\nWith over 25 years of technology leadership experience, Koorapati joins Mattel from his most recent role as Senior Vice President, Global Information Technology at Topgolf Callaway Brands where for the past 10 years he led a company-wide digital transformation initiative, resulting in significant growth acceleration, profitability gains, and enhanced risk management during a period of four major acquisitions. He led a high-performing technology team that delivered innovative solutions, including world-class ERP, e-commerce, and analytics platforms.\n\n\nPreviously, Koorapati held leadership positions at TaylorMade Golf, Gathering Storm Group of Companies, and other technology and manufacturing companies. He has a strong foundation in technology and business operations, with international experience in India, Malaysia, Japan, and the United Kingdom.\n\n\nKoorapati added: “I am proud to join Mattel’s world-class management team, which highly values collaboration and is eager to innovate with technology. The company’s brands have long held a special place in my heart and I look forward to leverag...