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Source: Mattel/The Toy Book

Mattel Inc. today announced that Anthony P. DiSilvestro will join the company as executive advisor on June 29, and will assume the role of CFO on the date following the filing of the company’s quarterly report on Form 10-Q for the second quarter this year (anticipated to be filed July 30, 2020). DiSilvestro will report to Ynon Kreiz, Mattel’s chairman and CEO, and will succeed Joseph J. Euteneuer, who is leaving the company as part of Mattel’s previously announced transition plan.

DiSilvestro has nearly four decades of financial and leadership experience. He most recently was SVP and CFO of Campbell Soup Co., a role he held from 2014 to 2019. In this position, he helped drive a return to growth and oversaw a successful transformation of the company’s cost structure. He served in various other financial leadership roles at Campbell Soup Co. since 1996, including SVP — finance, treasurer, controller, CFO of the company’s North America and International divisions, and head of strategic planning and corporate development.

“Anthony is a world-class executive with a proven track record of driving transformation and operational performance across a global consumer-facing organization,” said Kreiz in a press release. “His leadership and financial expertise will benefit Mattel as we continue to position the Company for growth. I look forward to working with Anthony to transform Mattel into an IP-driven, high-performing toy company and create long-term shareholder value.”