Roger Lynch, chief executive of Condé Nast, is stepping down to become CEO and chairman of Mattel, the toy and entertainment company announces. Multiple outlets report Lynch communicates the change via internal messaging, while Mattel issues a separate corporate statement.
Mattel says Lynch will replace Ynon Kreiz as CEO, with Kreiz set to exit the role and move to another senior position at a public company. Several reports tie Kreiz’s tenure to Mattel’s push into entertainment, including the success of the “Barbie” film and related box-office performance. Outlets also note Lynch has led Condé Nast for more than seven years.
Timing details vary slightly across coverage but align on a staged transition: Mattel names Lynch chairman effective Oct. 2, and he assumes the CEO role on or before Nov. 2. Some outlets describe the shift as part of a broader leadership shake-up, while others focus on the executive succession and the replacement of Kreiz.
