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Story summary
- Mattel appointed Peter Griffith as chief financial officer, effective Oct. 20.
- Griffith will join Mattel’s board of directors.
- Griffith succeeds Paul Ruh, who will advise Mattel through Dec. 31.
- Griffith was Amgen’s executive vice president and CFO from Jan 2020 to Aug 2026.
- Mattel’s Q2 sales rose 10% to $1.1 billion, yet it recorded an $18 million loss versus a $53 million profit a year earlier.