Hasbro is seeing a shakeup in its Board of Directors, with new members joining as others retire or step down.
The company has three new Board members: Frank Gibeau, President of Zynga; Darin Harris, CEO of Jack in the Box; and Owen Mahoney, former President and CEO of Nexon Co., are all joining the team.
[Frank, Darin, and Owen] all have an immeasurable amount of leadership experience working across online and mobile gaming, as well as leading storied consumer brands and franchises. Each of them will add tremendous value and unique perspective to our Board.
Gibeau has served as President of Zynga since May 2022, and brings with him more than 30 years of experience in interactive entertainment. Before his time at Zynga, Gibeau worked at Electronic Arts in a variety of leadership roles.
Harris has been Jack in the Box’s CEO since June 2022. His prior experience includes time as CEO of North America for IWG, Regus, North America; CEO of CiCi’s Enterprises; and COO for Primrose Schools.
Mahoney served as President and CEO of Nexon Co. from March 2014 until his retirement earlier this month. He previously served as Senior Vice President of Corporate Development for Electronic Arts.
New additions aren’t all that will be changing in the Hasbro Board this year. Tracy Leinbach, Linda Zecher Higgins, and Michael Burns are also retiring from the Board.
Tracy, Linda, and Michael have been instrumental in steering Hasbro and I’d like to thank them for their support and guidance over the past few years. We are especially grateful for their dedication in ensuring our new Board members are well positioned to support the company’s evolving priorities, as we refocus on play and lean into our strength in games.
Alan Hassenfeld will also step down from his role as Emeritus Chairman, and will continue to work with Hasbro in charitable efforts. “Alan has been and will always be a prominent architect of Hasbro’s legacy — he is irreplaceable. He will remain part of our DNA as a company that celebrates the magic of storytelling and values the power of play,” Cocks says. “We will continue to work on charitable endeavors together providing development and relief for children around the world through the power of play.”
Following the 2024 Annual Meeting of the Shareholders, Hasbro’s Board of Directors will consist of 11 total members.
