Mattel’s head of Fisher-Price to depart – WSJ

(Reuters) – Toymaker Mattel’s Fisher-Price brand head, Chuck Scothon, will leave the company after about six years leading the division, the Wall Street Journal reported on Tuesday, citing a company spokesperson.

Mattel is advertising for a new general manager and senior vice president of Fisher-Price to lead the brand, the report said.

The company did not immediately respond to a Reuters request for comment.

Earlier this month, Mattel came under pressure from activist investor Barington Capital, which pushed for a possible sale of its Fisher-Price and American Girl brands and separating the role of CEO from the chairman.

Mattel is scheduled to report its fourth-quarter results after markets close on Feb.

7.

(Reporting by Juveria Tabassum; Editing by Shilpi Majumdar)

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