AI brief of an SEC Form 8-K · Mattel (MAT)

Mattel Names Peter Griffith CFO and Director, Succeeding Paul Ruh

Neutral Impact 4 of 5 leadership

Mattel appointed Peter Griffith, formerly CFO of Amgen, as Chief Financial Officer effective October 20, 2026, and as a non-independent board director. Paul Ruh, the current CFO, moves to an advisory role through December 31, 2026, and director Adriana Cisneros resigned from the board on October 18, 2026. The filing does not report financial results, so it does not change reported figures, but it marks a change in the company's top finance role.

Key points

  • Peter Griffith starts as CFO on October 20, 2026; he reports to Chairman and CEO Roger Lynch.
  • Griffith's offer includes a $1,300,000 base salary, a target bonus of 100% of salary, and a $3,300,000 performance-based RSU award.
  • Paul Ruh's separation agreement keeps his $950,000 base salary through December 31, 2026, when his employment ends.
  • Adriana Cisneros resigned from the board on October 18, 2026, and the filing says the resignation was not due to a disagreement with the company.

The filing

CompanyMattel (MAT)
Form8-K, current report
Filed with the SECOct 19, 2026, 8:08 AM ET
Accession number0001193125-26-424696

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.