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"Both Basil and Alan have provided essential guidance and strategic
leadership, and I want to thank them for their exemplary service and
contribution to Hasbro's success," said
Ted has more than 25 years of experience in strategic, business and
financial planning in consumer and technology-based industries with
companies such as The Walt Disney Company and
"I'm truly honored to have the opportunity to continue to partner with Brian and his leadership team in this critical role," Ted said. "On behalf of the Board of Directors, I also want to extend a sincere and heartfelt thanks to Basil for his leadership, in setting the tone for this role as our first lead independent director, and to Alan for his invaluable service."
The role of the lead independent director was established in 2015 to ensure independent decision making and functioning of the Board.
Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to Creating the World's Best Play Experiences. From toys and games to television, movies, digital gaming and consumer products, Hasbro offers a variety of ways for audiences to experience its iconic brands, including NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, LITTLEST PET SHOP and MAGIC: THE GATHERING, as well as premier partner brands. The Company's Hasbro Studios and its film label, Allspark Pictures, are building its brands globally through great storytelling and content on all screens. Through its commitment to corporate social responsibility and philanthropy, Hasbro is helping to make the world a better place for children and their families. Hasbro ranked No. 1 on the 2017 100 Best Corporate Citizens list by
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