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    Ynon Kreiz

    Chairman and Chief Executive Officer at Mattel Inc
    Board
    Since April 2018
    Age
    59 years
    Education
    Holds a degree from the Anderson Graduate School of Management at UCLA.
    Tenure
    Joined MAT in 2017 as a director and was appointed CEO in April 2018 while also serving as Chairman of the Board.

    Also at Mattel Inc

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    Anthony DiSilvestro
    Chief Financial Officer
    JA
    Jonathan Anschell
    EVP, Chief Legal Officer, and Secretary
    RI
    Roberto Isaias
    EVP and Chief Supply Chain Officer

    About

    At 59 years old , this executive has developed an impressive career spanning multiple industries including media, entertainment, and consumer products. His background is marked by innovative leadership roles that have positioned him as a key figure in driving strategic transformation.

    He began his journey at MAT as a director in 2017 and advanced to the role of CEO in April 2018. In addition to holding the CEO title, he serves as Chairman of the Board, leveraging decades of experience from previous leadership positions at companies such as Fox Kids Europe, Endemol Group, and Maker Studios.

    His academic experience, with a degree from the Anderson Graduate School of Management at UCLA, complements his extensive professional background, enabling him to merge solid business fundamentals with creative, strategic decisions. This blend of personal drive, educational credentials, and rich industry experience has been crucial in guiding MAT through an evolving market landscape.

    $MAT Performance Under Ynon Kreiz

    Past Roles

    OrganizationRoleDate RangeDetails
    Maker Studios, Inc.Chief Executive OfficerMay 2013 to January 2015 N/A
    Maker Studios, Inc.Chairman of the BoardJune 2012 to May 2014 N/A
    Endemol GroupChairman of the Board & Chief Executive OfficerJune 2008 to June 2011 N/A
    Balderton Capital (formerly Benchmark Capital Europe)General Partner2005 to 2007 N/A
    Fox Kids Europe N.V.Chairman, CEO, and Co-founder1996 to 2002 N/A

    External Roles

    OrganizationRoleDate RangeDetails
    Academy of Motion Picture Arts & SciencesMember (Executive Branch)Since 2023 N/A
    Warner Music Group Corp.Board MemberSince May 2015 Serves on Audit Committee
    Anderson Graduate School of Management at UCLABoard of AdvisorsSince April 2015 N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,500,000 AnnualAnnual base salary for 2023.
    DCP Contributions$81,900 AnnualCompany contributions to the Deferred Compensation Plan in 2023.

    Performance Compensation

    Data from  FY 2023

    Performance Units under LTIP

    MetricThresholdTargetMaximum2023 Details / Additional Information
    Adjusted Free Cash Flow Earnout (%)37% 100% 150% Earnout based on 3-year cumulative performance (2023–2025).
    Relative TSR Multiplier (%)67% 100% 133% Multiplier applied relative to S&P 500 constituents.
    Grant Date Fair ValueN/A$8,559,375 N/AGranted on April 28, 2023.
    Grant Date Stock PriceN/A$18.00 N/AReference price used for valuation.

    Annual Cash Incentive (MIP)

    MetricThresholdTargetMaximum2023 Actuals / Additional Details
    MIP-Adjusted EBITDA Less Capital Charge$444M $571M $666M 2023 Result: $621M; Earnout achieved at 156.2%.
    MIP-Adjusted Net Sales$5,120M $5,405M $5,621M 2023 Result: $5,476M; Earnout achieved at 156.2%.
    MIP-Adjusted Gross Margin45.4% 46.9% 48.1% 2023 Result: 47.4%; Earnout achieved at 156.2%.
    Minimum EBITDA Threshold to Trigger FundingN/A$787M N/ARequirement to initiate the MIP payout.
    Target OpportunityN/A$3,000,000 N/ASet at 200% of base salary.
    Individual Performance MultiplierN/A125% N/AReflects individual leadership performance.
    Total Earned PercentageN/A195.25% N/ADetermines the final payout calculation.
    MIP PayoutN/A$5,857,500 N/AFinal cash incentive payout for 2023.

    Stock Options

    MetricDetails
    Grant DateApril 28, 2023
    Grant Date Stock Price$18.00 per share
    Grant Date Fair Value$2,853,125
    Number of Options Granted320,216
    Exercise Price$18.00 per share
    Vesting Schedule33% on April 28, 2024; 33% on April 28, 2025; 34% on April 28, 2026
    Option Type & ExpirationNonqualified; expires 10 years from the grant date