Press release
Professor Noreena Hertz Appointed to Mattel Board of Directors
EL SEGUNDO, Calif.--(BUSINESS WIRE)-- Mattel, Inc. (NASDAQ: MAT) announced today that Professor Noreena Hertz, global economist and author, has been
About this update from Mattel, Inc.
[{"type":"text","content":" EL SEGUNDO, Calif.--(BUSINESS WIRE)--\nMattel, Inc. (NASDAQ: MAT) announced today that Professor Noreena Hertz, global economist and author, has been appointed to the Company’s Board of Directors effective March 29, 2023, and will serve on its Governance and Social Responsibility Committee.\n\nYnon Kreiz, Chairman and CEO of Mattel, said: “Noreena is a highly influential economist and a global thought leader on ESG. We look forward to the benefit of her expert insights and perspectives as we continue to execute our strategy to grow Mattel’s IP-driven toy business and expand our entertainment offering, operate as a responsible corporate citizen, and create long-term shareholder value.”\n\nProfessor Hertz added: “Mattel is a company rooted in mission and purpose, with a leading portfolio of iconic brands, and a clear strategic vision for its future. I look forward to working with Ynon and the rest of the Board to guide Mattel on its continued journey and its aim to contribute to a more diverse, equitable, inclusive, and sustainable future.”\n\nProfessor Hertz’s work intersects the nexus of economics, technology, politics, and society. She brings to Mattel’s Board 25 years of experience advising companies and governments in a variety of sectors and geographies on strategy and policy decisions, mergers and acquisitions, intelligence gathering and analysis, millennials and post-millennials, community-building, and ESG.\n\nProfessor Hertz has held several senior academic positions and led research focused on artificial intelligence, decision-making, risk assessment and management, globalization, and innovation, among other subjects. She is based at University College London’s Institute for Global Prosperity, where she has served as Visiting Professor since 2016 and as Honorary Professor since 2013. She was previously Professor of Globalization, Sustainability, and Finance at the University of Amsterdam between 2009 and 2013 and spent the prior ten years as Associate Director of the Centre for International Business and Management at the University of Cambridge.\n\nProfessor Hertz is a board member of Warner Music Group Corp., where she serves on the Audit Committee and Nominating and Governance Committee. Professor Hertz is also a board member of Workhuman (Globoforce Limited), where she serves on the Audit Committee and Compensation...