Toy maker Mattel announced on Thursday that media veteran Ynon Kreiz, will be the company’s next CEO.
Kreiz, who has been a member of Mattel’s board since June 2017, will take over for Margo Georgiadis, who took the position in February 2017, but told the board Thursday she’s leaving to pursue a new opportunity in the tech sector.
Kreiz is the former CEO of online video network Maker Studios. He will assume the chief role on April 26, and Georgiadis will stay on in an advisory role through May 10 to ensure a smooth transition, the company said in a press release.