Mattel has announced the appointment of Paul Ruh as chief financial officer (CFO) effective 19 May 2025. Ruh succeeds Mattel’s current CFO, Anthony DiSilvestro, who announced his retirement in January. DiSilvestro will continue to serve as an advisor to the company through to 15 August 2025, to ensure a seamless transition of responsibilities. Ruh will report to Ynon Kreiz, Mattel chairman and CEO.
Ynon Kreiz said: “Paul brings to Mattel an exceptional track record as a global finance leader for some of the world’s largest consumer brands, guiding companies to achieve operational excellence and driving strong performance. We welcome Paul at an exciting chapter in our journey and look forward to his partnership as we continue to successfully execute our multi-year strategy and unlock the full value of our IP outside the toy aisle.”
“The strength of Mattel’s iconic portfolio of global brands is matched only by its potential for future growth”
Paul Ruh said: “The strength of Mattel’s iconic portfolio of global brands is matched only by its potential for future growth. I look forward to partnering with Ynon and the team to help Mattel execute its strategy and create long-term value for shareholders.”
In his role at Mattel, Ruh will oversee Mattel’s global finance organisation, including financial planning and analysis, global shared services, real estate, internal audit, investor relations, tax, and treasury, as well as the company’s global technology organisation.
Ruh brings to Mattel more than 30 years of public company finance experience and expertise scaling and strengthening world-renowned consumer brands. Senior finance roles included Kenvue, Johnson & Johnson Services, and PepsiCo. His early career took in Proctor & Gamble among others.
In gratitude to the departing Anthony DiSilvestro, Ynon Kreiz said: “On behalf of Mattel’s board of directors and management team, we are grateful for Anthony’s countless contributions to Mattel. He played a pivotal role in our transformation and helped to create the financial strength we have as a company today. We wish him the very best in his retirement.”
