People·October 19, 2026 at 12:16 PM EDT·2 sources
Mattel names second CFO in under 18 months
MAT -3.1%
MAT · last 30 trading days-2.8% since the news
News
What happened
- Mattel named Peter Griffith as CFO, its second finance chief in under 18 months.
- Paul Ruh, CFO since spring 2025, will remain as an adviser through the end of the year.
- The appointment follows a CEO shakeup and comes amid calls to explore a potential sale, CFO Dive reported.
Incoming CFO sign-on bonus
$1.4M
Paul Ruh’s CFO tenure
Since the spring of 2025
Advisory period
Through the end of the year
Why it matters
The rapid CFO turnover and sign-on payment are relevant to corporate-finance and accounting professionals assessing leadership stability, executive compensation and strategic pressure at Mattel.
What to watch. Paul Ruh’s advisory role is scheduled to continue through the end of the year.
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Timeline
- EarlierOct 14Mattel Inc.: Executive or director change
- EarlierOct 19Mattel Inc.: Executive or director change
- EarlierOct 19Mattel Names Peter Griffith Chief Financial Officer, Replacing Paul Ruh
- First reported by Retail DiveOct 19Mattel names second CFO in under 18 months
- CFO Dive reportsOct 19Mattel grants incoming CFO $1.4M sign-on bonus
Who is involved
Mattel names second CFO in under 18 monthsMattelMATPeter GriffithPaul Ruh
CompanyPerson
Sources (2)
- Retail DiveOct 19Mattel names second CFO in under 18 months
- CFO DiveOct 19Mattel grants incoming CFO $1.4M sign-on bonus
Related
- Oct 21 · Mattel Adds Board Member As Activist Investor Pressure Mounts
- Oct 21 · Investors eye proxy fight at Mattel
- Oct 20 · Fastenal’s CFO Is Building a Financial Planning Team. AI is Helping.
- Oct 19 · Mattel Names Peter Griffith Chief Financial Officer, Replacing Paul Ruh
- Oct 19 · Mattel Inc.: Executive or director change
- Oct 14 · Mattel Inc.: Executive or director change
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