Frank Gibeau, Darin Harris, and Owen Mahoney to
join as newest Board members
Tracy Leinbach, Linda Zecher Higgins and
Michael Burns set to retire
Alan Hassenfeld to step down as Emeritus
Chairman
Hasbro, Inc. (NASDAQ: HAS) (“Hasbro”), a leading toy and game
company, today announced that Frank Gibeau, President of Zynga,
Darin Harris, Chief Executive Officer of Jack in the Box Inc., and
Owen Mahoney, former President and Chief Executive Officer of Nexon
Co. Ltd., have been appointed to Hasbro's Board of Directors,
effective March 21, 2024.
“We are thrilled to have Frank, Darin, and Owen join our
accomplished and diverse Board of Directors,” said Rich
Stoddart, Chair of Hasbro’s Board of Directors. “They all have
an immeasurable amount of leadership experience working across
online and mobile gaming, as well as leading storied consumer
brands and franchises. Each of them will add tremendous value and
unique perspective to our Board. I look forward to working hand in
hand with them to further unlock the value of our award-winning
brands and build out our long-term innovation and growth
strategy.”
Frank Gibeau has served as President of Zynga, a wholly-owned
publishing and development label of Take-Two Interactive Software,
Inc., since May 2022. With over 30 years of experience in
interactive entertainment, he led Zynga’s turnaround and transition
to rapid growth as CEO from 2016 to 2022, fortifying the company’s
portfolio of popular franchises, including Toon Blast, Empires and
Puzzles, CSR Racing, Words With Friends, and Zynga Poker. Prior to
Zynga, Gibeau spent more than two decades at Electronic Arts, where
he held several influential business and product leadership
roles.
Darin Harris has served as Chief Executive Officer of Jack in
the Box Inc. since June 2020. Prior to that he was Chief Executive
Officer of North America for IWG PLC, Regus, North America. He has
also served as Chief Executive Officer of CiCi’s Enterprises LP and
Chief Operating Officer for Primrose Schools. Harris previously
held franchise leadership roles as Senior Vice President at Arby’s
Restaurant Group, Inc. and as Vice President, Franchise and
Corporate Development at Captain D’s Seafood, Inc.
Owen Mahoney served as President and Chief Executive Officer of
Nexon Co. Ltd. from March 2014 until his retirement in March 2024.
He joined Nexon in 2010 and served as Chief Financial Officer and
Chief Administrative Officer until 2014, responsible for managing
the Company’s finances, global operations, investments, and
strategic alliances. Previously, Mahoney was Senior Vice President
of Corporate Development at Electronic Arts from 2000 to 2009,
where he was responsible for worldwide mergers and acquisitions and
business development, leading all acquisitions and equity
investments.
The Company also announced that at the Annual Meeting of the
Shareholders in 2024, Tracy Leinbach, Linda Zecher Higgins, and
Michael Burns will retire from the Board. After the 2024 Annual
Meeting, Hasbro’s Board will consist of 11 members.
“Tracy, Linda, and Michael have been instrumental in steering
Hasbro and I’d like to thank them for their support and guidance
over the past few years. We are especially grateful for their
dedication in ensuring our new Board members are well positioned to
support the Company’s evolving priorities, as we refocus on play
and lean into our strength in games," said Hasbro’s CEO Chris
Cocks.
In addition to the retirement of Tracy, Linda, and Michael from
the Board, Alan Hassenfeld will be stepping away from his role as
Emeritus Chairman following the shareholder meeting. Alan will
continue to be actively engaged with Hasbro helping to guide the
company’s charitable efforts, in addition to his many other
philanthropic pursuits.
“Alan has been and will always be a prominent architect of
Hasbro’s legacy – he is irreplaceable. He will remain part of our
DNA as a company that celebrates the magic of storytelling and
values the power of play,” said Chris Cocks. “We’ll have
more to share soon on how we will honor Alan's legacy, and we will
continue to work on charitable endeavours together providing
development and relief for children around the world through the
power of play.”
Alan Hassenfeld added: “It has always been our
dream to bring sunshine to the world over where there has been
darkness, especially for children. That won’t change and I’m
excited to support Hasbro in my next chapter.”
HAS-C
About Hasbro
Hasbro is a leading toy and game company whose mission is to
entertain and connect generations of fans through the wonder of
storytelling and exhilaration of play. Hasbro delivers play
experiences for fans of all ages around the world, through toys,
games, licensed consumer products, digital games and services,
location-based entertainment, film, TV, and more. With a portfolio
of over 1800 iconic brands including MAGIC: THE GATHERING, DUNGEONS
& DRAGONS, Hasbro Gaming, NERF, TRANSFORMERS, PLAY-DOH and
PEPPA PIG, as well as premier partner brands, Hasbro brings fans
together wherever they are, from tabletop to screen.
Hasbro is guided by our Purpose to create joy and community for
all people around the world, one game, one toy, one story at a
time. For more than a decade, Hasbro has been consistently
recognized for its corporate citizenship, including being named one
of the 100 Best Corporate Citizens by 3BL Media, one of the World’s
Most Ethical Companies by Ethisphere Institute and one of the 50
Most Community-Minded Companies in the U.S. by the Civic 50. For
more information, visit https://corporate.hasbro.com or @Hasbro on
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240325153741/en/
Investors: Kern Kapoor | Hasbro, Inc. |
hasbro_investor_relations@hasbro.com
Media: Roberta Thomson | Hasbro, Inc. |
bertie.thomson@hasbro.com
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