Mattel
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{{Infobox Company
| company_name = Mattel Inc.
| company_logo = Image:Mattel Logo2.gif
| company_type = Public (Template:Nyse)
| company_slogan =
| foundation = 1945
| location = El Segundo, California
| key_people = Robert A. Eckert, Chairman and CEO.
Kevin M. Farr, CFO.
| industry = Toys and games
| products =
| revenue = $5.179 billion USD (2005)
| operating_income = $664.529 million USD (2005)
| net_income = $417.019 million USD (2005)
| num_employees = 26,000 (2005)
| homepage = www.mattel.com
}}
Mattel Inc. (Template:Nyse) is an American toy company and is the largest toy company based on revenue. It produces products including Hot Wheels & Matchbox cars Barbie dolls, board games, and in the early 1980s, video game consoles. It was founded in 1945 by Elliot Handler and Harold "Matt" Matson (hence the name "matt-el"). Elliott Handler's wife Ruth Handler would later become president, and is credited with establishing the Barbie product line for the company in 1959.
Contents |
Corporate governance
Corporate leadership
- Robert A. Eckert, Chairman of the Board, CEO (since May 2000)
- Kevin Farr, CFO
- Neil Friedman, President Mattel Brands
- Ellen L. Brothers, President American Girl Brands
- Bryan G. Stockton, Executive VP of International
- Thomas A. Debrowski, Executive VP of World Wide Operations
- Alan Kaye, Senior VP of Human Resource
- Bob Normille, Senior VP, General Counsel and Secretary
Board of directors
Current members of the board of directors of Mattel Inc. are:
- Eugene Beard
- Michael Dolan
- Robert A. Eckert, Chairman
- Tully Friedman
- Dominic Ng
- Andrea Rich
- Ronald Sargent
- Christopher A. Sinclair
- G. Craig Sullivan
- John Vogelstein
- Kathy White
History
The company originally produced picture frames and dollhouse accessories from picture frame scraps. With the success of their dollhouse accessories, the company turned its attention to toys. The company became publicly owned in 1960.
An independent audit of Mattel, released on November 3, 1975, revealed that company officials had fabricated press releases and financial information to "maintain the appearance of continued corporate growth." In 1999, the ill-advised purchase of a major software publisher, TLC, for $3.6 billion dollars led to the CEO, Jill Barad, being ousted (See Brøderbund.)
In 1993, Mattel merged with the Fisher-Price toy company. In 1996, Mattel purchased Tyco Toys which was the third largest toy manufacturer at the time.
Mattel serves as the parent company for American Girl (formerly Pleasant Company) and Fisher-Price. Currently, it is headquartered in El Segundo, California.
Products
Consoles
Toys
- Barbie and Ken dolls
- Big Jim
- Cabbage Patch Kids (1994-2000)
- Hot Wheels
- Justice League Unlimited
- Masters of the Universe action figures
- Major Matt Mason (1966 - 1970)
- Matchbox
- Popples plush toys
- See 'n Say
- Chatty Cathy (1959-1965, 1969-1971, 1998, 2001)
Games
Trivia
- The Barbie and Ken dolls are named after the Handler children.