Spin Master Announces EVP, CFO, Mark Segal, to Retire in 2025

Spin Master, a global children’s entertainment company, has announced Mark Segal, executive vice president and chief financial officer, will retire as chief financial officer in the first half of 2025. Segal will assist in the transition and continue at the company in an advisory capacity. 

Segal originally joined Spin Master in 2001 and spent 10 years as chief financial officer. He rejoined the company in 2015 as executive vice president and chief financial officer to lead its initial public offering and has since been instrumental in the company’s international growth, numerous acquisitions and expansion into digital games. During his second term, Spin Master’s revenues grew from $983 million in 2015 to $1.9 billion in 2023. 

“In his distinguished 20 years as CFO with Spin Master, Mark has steadfastly guided the company forward by applying his exceptional financial leadership to maintain a strong balance sheet and cash flow, which in turn has helped to provide a platform for our growth ambitions,” says Max Rangel, president, chief executive officer, Spin Master. “He has been an invaluable strategic advisor to me during my time with the company, consistently demonstrating his integrity, financial discipline and commitment to our strategic goals, while also establishing a strong finance team. On behalf of Spin Master’s founders and the company, I want to thank Mark for his incredible contributions that have furthered our leadership within the children’s entertainment industry.” 

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“Spin Master is a remarkable Canadian and global success story fueled by passion, entrepreneurship and innovation and it’s been my privilege to have contributed to the company’s evolution and growth journey,” says Segal. “I’m extremely proud of what we have accomplished together and look forward to continuing to contribute in an advisory capacity.”