Mattel adds top shareholder EdgePoint Investment's executive to board

MAT•2026-10-21

Mattel appointed EdgePoint Investment Group partner Lee Matheson to its board, effective immediately. EdgePoint owns about 18% of Mattel.

1. Board appointment

Mattel appointed Lee Matheson, a partner at its largest shareholder, EdgePoint Investment Group, to its board of directors, effective immediately. EdgePoint owns about 18% of Mattel.

2. Investor pressure

Mattel has faced pressure from some investors to consider a sale this year as it deals with choppy sales and higher input costs.

Mattel adds top shareholder EdgePoint Investment's executive to board

1. Board appointment

2. Investor pressure

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