|Bid||21.36 x 900|
|Ask||21.37 x 2400|
|Day's Range||21.29 - 21.55|
|52 Week Range||19.41 - 34.24|
|PE Ratio (TTM)||26.85|
|Dividend & Yield||0.60 (2.88%)|
|1y Target Est||N/A|
Mattel Inc, the world's largest toymaker, said on Monday Kevin Farr will step down after a 17-year stint as its chief financial officer. Farr's departure comes amid efforts by Mattel Chief Executive Margo Georgiadis, who joined the struggling Barbie maker earlier this year from Google, to revive the business following several quarters of declining sales. Just last month, Mattel slashed its dividend payout by 60 percent to fund its turnaround strategy, which includes a sharper focus on online sales, offering a bigger slate of interactive toys and expansion in big emerging markets such as China.
Mattel Inc.'s Chief Financial Officer Kevin Farr has resigned but will remain in the role until a successor has been found, the toy company said in a regulatory disclosure Monday. Mattel did not elaborate ...