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Toy and entertainment company Hasbro Inc. has announced that Brian D. Goldner is taking medical leave from his role as CEO, effective immediately.
The move, announced on Sunday, follows Goldner’s revelation in August 2020 that he has been undergoing ongoing medical treatment for cancer since 2014.
Goldner has been CEO of Hasbro, Inc. since 2008 and has served as Chairman since May 2015.
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Rich Stoddart, most recently the Independent Lead Director of Hasbro’s Board of Directors, has been appointed Interim CEO and will take office immediately.
Hasbro says Stoddart brings extensive leadership experience and expertise in building global brands, advertising and marketing, and supply chain management. He was previously CEO of InnerWorkings, Inc., the world’s largest marketing execution company, and Leo Burnett Worldwide. He has served on the Hasbro Board of Directors since 2014.
Along with the appointment of Stoddart as Interim CEO, Hasbro’s Board of Directors reappointed Edward M. Philip as Independent Lead Director and Tracy A. Leinbach as Chair of the Nominations, Governance Committee and the social responsibility of the board.
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Philip has over 30 years of business and management experience, including as an operational executive and CFO of multinational companies. Leinbach was Executive Vice President and Chief Financial Officer of Ryder System, Inc., a global provider of logistics, transportation and supply chain solutions from 2003 to 2006.
“Brian has been an inspiring and visionary leader who has put Hasbro on an incredible path to the future. We all at Hasbro think of him as he focuses on his health,” Philp said in a statement.
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Hasbro’s corporate headquarters are in Pawtucket, Rhode Island.
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