Mattel Appoints Diana S. Ferguson to Board of Directors

Ferguson will serve on the audit committee of the board and assume the role of chair of the audit committee.
License Global

July 23, 2020

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Mattel has announced that Diana S. Ferguson, chief financial officer, Cleveland Avenue has been appointed to Mattel’s Board of Directors.

Ferguson will serve on the audit committee of the board and assume the role of chair of the audit committee on Sept. 1. In addition to Cleveland Avenue, Ferguson has also served as a principal of Scarlett Investments, a firm that invests in and advises middle-market consumer products companies, which she founded in 2013.

“Diana is a highly experienced executive who brings a proven track record of corporate financial management and strategic planning to our Board,” says Ynon Kreiz, chairman and chief executive officer, Mattel. “We look forward to benefiting from her insights and perspectives as we continue to execute our strategy to transform Mattel into an IP-driven, high-performing toy company to drive growth and value for our shareholders.”

Previously, Ferguson was chief financial officer of the Chicago Board of Education, leading a staff of more than

200 professionals and managing all aspects of the organization’s more than $6 billion financial operations. She also served as senior vice president and chief financial officer of The Folgers Coffee Company, a division of Procter and Gamble, and was executive vice president and chief financial officer of Merisant Worldwide.

“Mattel is a company with deep societal impact that plays an important role in the lives of children and families around the world,” says Ferguson. “I look forward to working with Ynon and the rest of the Board on the transformation journey that is well under way.”

Ferguson’s appointment comes on the heels of Mattel’s recent announcement that Pamela Gill-Alabaster has been hired as the toy giant’s

head of sustainability.
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