Mattel Announces Robert A. Eckert to Retire as CEO - Mattel (NASDAQ:MAT)

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Mattel, Inc. (NASDAQ: MAT), today announcedthat Robert A. Eckert, 57, has informed the Board of Directors of his decisionto retire as chief executive officer, after 11 years with the Company,effective December 31, 2011. The Board has named Bryan G. Stockton, 58, whohas held the position of chief operating officer for the last year, to succeedMr. Eckert as CEO, effective January 1, 2012. Mr. Eckert has agreed tocontinue in his role as Chairman of the Board, and the Board has elected Mr.Stockton as a member of the Board, effective January 1, 2012.

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