Mattel is now trading 4.17% down at $12.67 after the September 30 announcement that CEO Ynon Kreiz will leave for a senior leadership role at another public company.
- Board member Roger Lynch was named his successor; Lynch is set to become chairman October 2 and CEO by November 2.
- Reuters reported Mattel shares were down about 3% in premarket trading after the news, while the S&P 500 rose 0.62% and Nasdaq rose 1.06%.