Owen Mahoney
HASBROAbout Owen Mahoney
Owen Mahoney, age 58, is an independent director at Hasbro and has served on the Board since 2024; he currently sits on the Audit Committee and the Finance and Capital Allocation Committee, and the Board designates him as an Audit Committee Financial Expert . He previously served as President and Chief Executive Officer of Nexon Co. Ltd. (2014–2024) and earlier as Nexon’s CFO/CAO (2010–2014), after leading worldwide M&A and corporate development at Electronic Arts (2000–2009), with prior executive roles at PointCast, Claris Japan, and Radius, giving him deep expertise in digital gaming, finance, and strategic alliances as well as AI/ML in games . In 2024, the Board held 11 meetings and all directors attended at least 75% of board and committee meetings during their tenure; all directors attended the 2024 Annual Meeting, underscoring engagement expectations .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Nexon Co. Ltd. | President & Chief Executive Officer | Mar 2014–Mar 2024 | Led global operations and strategic alliances in online games |
| Nexon Co. Ltd. | Chief Financial Officer & Chief Administrative Officer | 2010–2014 | Managed finances, global operations, investments, alliances |
| Electronic Arts | Senior Vice President, Corporate Development | 2000–2009 | Responsible for worldwide M&A and equity investments |
| PointCast; Claris Japan; Radius | Executive positions | Not disclosed | Executive roles in U.S. and Asia software/online companies |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Logitech International S.A. | Director | Current as of 2025 | Public company board service |
| Nexon Co. Ltd. (TSE-listed) | Director | Former (last 5 years) | Prior public company board service |
Board Governance
| Committee | Role | 2024 Meetings | Oversight Notes |
|---|---|---|---|
| Audit | Member; Audit Committee Financial Expert | 11 | Oversees financial reporting, internal controls, legal/regulatory compliance, cybersecurity and data privacy |
| Finance & Capital Allocation | Member | 5 | Reviews capital structure, allocation, financing plans, risk management for FX/interest/credit |
- Independence: All non-employee directors are independent under Nasdaq and Hasbro’s Independence Standards; the only non-independent nominee is the CEO, confirming Mahoney’s independent status .
- Board leadership: Chair and CEO roles separated; independent Chair coordinates agendas, ensures perspectives are considered, and engages shareholders when needed .
- Attendance: The Board held 11 meetings in 2024; all directors met at least the 75% attendance threshold and attended the 2024 Annual Meeting .
- Committee refresh: Committee chairs (including a new Audit Chair) expected to be updated following the 2025 Annual Meeting; monitor any changes to Mahoney’s roles .
Fixed Compensation
| Component | 2024 Amount | Notes |
|---|---|---|
| Cash fees earned | $99,508 | Reflects Board/committee retainers earned in 2024 |
| Annual base Board retainer (schedule) | $95,000 | Standard retainer for non-employee directors |
| Audit Committee member retainer (schedule) | $20,000 | Additional cash retainer for Audit members |
| Finance Committee member retainer (schedule) | $12,500 | Additional cash retainer for Finance members |
| Meeting fees | $0 | No meeting fees paid |
- Deferred compensation: Directors may defer cash retainers into stock unit or interest accounts; the Company matches 10% on amounts deferred into stock units, with two-year vesting of the match .
Performance Compensation
| Equity Component | 2024 Reported Value | Vesting / Terms | Notes |
|---|---|---|---|
| Annual director stock grant (standard) | $175,000 per director | Shares are immediately vested; subject to director ownership guidelines | |
| Stock awards recognized (Mahoney) | $201,923 | Includes annual grant and any deferrals/matching accrued per plan | |
| Options | $0 | No director option grants in 2024 |
| Performance Metrics Tied to Director Pay | Disclosure |
|---|---|
| None; director equity is time-based and immediately vested | Director compensation is structured via cash retainers and annual stock grants; no performance conditions disclosed |
Other Directorships & Interlocks
| Company | Role | Overlap with HAS | Potential Conflict / Related Party |
|---|---|---|---|
| Logitech International S.A. | Director | No HAS disclosed transactions with Logitech | No related party transactions disclosed involving Mahoney |
| Nexon Co. Ltd. | Former Director | No HAS disclosed transactions with Nexon | No related party transactions disclosed involving Mahoney |
- Related-party policy: Any transaction requiring Item 404(a) disclosure is reviewed/approved by the Board; 2023’s eOne sale to Lionsgate was overseen with recusal by a different director; no Mahoney-related transactions are disclosed .
Expertise & Qualifications
- Former public company CEO with extensive experience in digital gaming operations and technology, including AI/ML applications in games and entertainment .
- Deep finance and global operations background (CFO/CAO; corporate development leadership), including leading M&A and equity investments at EA .
- Strategic alliances and business development expertise directly relevant to Hasbro’s “Digital and Direct” and licensing growth pillars .
Equity Ownership
| Metric | As of Mar 11, 2024 | As of Mar 12, 2025 |
|---|---|---|
| Beneficial ownership (# shares) | 0 | 3,410 |
| Percent of class | <1% | <1% |
| Outstanding deferred stock awards (12/29/2024) | 0 | — |
| Outstanding stock units under Deferred Plan (12/29/2024) | 0 | — |
| Hedging/pledging policy | Prohibited for directors | Prohibited for directors |
| Director stock ownership guideline | Must hold ≥$475,000 in HAS stock before selling; equals 5× annual retainer | Must hold ≥$475,000 in HAS stock before selling |
Governance Assessment
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Strengths:
- Audit Committee Financial Expert with CEO/CFO experience enhances financial oversight and risk control, including cybersecurity/data privacy oversight within Audit’s remit .
- Digital gaming and AI/ML expertise aligns with Hasbro’s strategy to scale via video games and digital marketplaces .
- Independent status, robust anti-hedging/pledging policy, and mandatory director stock ownership guidelines support alignment with shareholders .
- Board engagement expectations met at the aggregate level (≥75% attendance; attendance at Annual Meeting) .
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Watch items / potential risks:
- Ownership alignment ramp: As of March 12, 2025 Mahoney beneficially owned 3,410 shares; while directors are subject to a $475,000 ownership guideline before selling, the proxy does not disclose per-director compliance status—monitor future disclosures for guideline attainment over time .
- Committee leadership transitions: Audit Chair change anticipated post-2025 Annual Meeting; track any shifts in committee composition that may affect board effectiveness and oversight continuity .
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No red flags disclosed:
- No related-party transactions or conflicts involving Mahoney are disclosed; over-boarding policy limits are in place, with Board review for audit committee load if serving on >3 audit committees .
Overall, Mahoney brings complementary gaming, finance, and AI expertise to Audit and Finance oversight with independence and discipline, supporting investor confidence. Continued monitoring of ownership guideline progress and committee leadership updates is warranted .