Mattel Appoints Paul Ruh as New CFO: What This Means for the Toy Giant
Mattel, the world-renowned toy company behind favorites like Barbie and Hot Wheels, has made a major change in its leadership. On May 8, 2025, Mattel appointed Paul Ruh as its new Chief Financial Officer. This transition marks the beginning of a fresh chapter for the company, as it continues to innovate in the evolving toy industry.
Who is Paul Ruh?
Paul Ruh brings a wealth of experience from the consumer health and packaged goods sectors. Before joining Mattel, he served as the CFO of Kenvue, a well-known name in consumer health following its spinoff from Johnson & Johnson in 2023. According to Bloomberg, Ruh will officially step into his new role on May 19, succeeding Anthony DiSilvestro, who has advised Mattel through the transition and will retire in August.
Before Kenvue, Ruh spent over a decade at PepsiCo, where he honed his financial and strategic expertise. His diverse background makes him a strong fit for Mattel as the company faces new opportunities and challenges in the global entertainment landscape.
Why This Change Matters for Mattel
Leadership transitions are always significant, especially in a company as influential as Mattel. Under DiSilvestro's financial leadership, Mattel saw substantial growth and transformation. Ruh is expected to bring fresh insights and continue this momentum as the company adapts to changing consumer interests and competitive pressures.
As reported by Yahoo Finance, Paul Ruh’s appointment reinforces Mattel’s commitment to experienced and innovative leadership. His diverse experience, from managing finances at Tylenol maker Kenvue to strategic planning at PepsiCo, aligns with Mattel’s vision for sustainable growth.
The Road Ahead for Mattel
With Paul Ruh at the financial helm, Mattel aims to double down on its best-selling brands and explore new avenues, including digital and entertainment ventures. The transition is expected to be smooth, with DiSilvestro staying on as an adviser until mid-August. This ensures continuity at a critical time for the company.
Mattel’s acquisition of a dynamic CFO is more than a personnel change; it's a clear statement that the company is investing in its future. Ruh’s combination of operational skills and financial savvy may help Mattel stay ahead of industry trends and navigate market shifts.
Conclusion
Mattel’s selection of Paul Ruh as CFO exemplifies the company's dedication to forward-thinking leadership. As the toymaker embraces new trends and technologies, this transition signals exciting times ahead. For more on this development, visit the full coverage on Bloomberg and Yahoo Finance. Stay tuned as Mattel continues to shape the future of play around the world.