Mattel on Wednesday named Roger Lynch as its new CEO and chairman, succeeding Ynon Kreiz.
Lynch, who has been a member of Mattel's board since 2018, will take the reins as chairman on Oct. 2 and CEO by Nov. 2, according to the press release.
Lynch is currently the CEO of Condé Nast, a position he has held since 2019.
"I am honored by the Board's confidence in me and couldn't be more excited to lead the incredible team at Mattel," Lynch said in the release. "Throughout my years on the Board, I have admired Mattel's brands, its talented people, and unique culture."
