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Mattel CEO resigns after earnings miss

2015-01-28 15:36:25| Toys - Topix.net

Mattel Chairman and CEO Bryan Stockton has resigned after the struggling maker of Barbie dolls and Hot Wheels cars reported fourth-quarter results that fell far short of analyst expectations. The El Segundo, Calif.-company said longtime board member Christopher A. Sinclair will replace Stockton as chairman and interim CEO.

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