Hasbro Extends Employment Agreement for Chairman and CEO, Brian Goldner; Promotes John Frascotti to President and COO and Appoints Mr. Frascotti to the Board
Brian Goldner’s Contract Extended Two Years, Through 2022
John
Frascotti Adds Chief Operating Officer Title and is Appointed to
Hasbro’s Board of Directors
“Over the past ten years as CEO, Brian has transformed Hasbro. His
vision to set a differentiated strategy for the Company, including
investing in new capabilities and establishing a new culture, has
dramatically increased shareholder value,” said
“With the support of Hasbro’s employees around the world, we have
accomplished much over the past ten years, but this company and its
talented teams have tremendous opportunity ahead of us,” said
“I am honored to work alongside the tremendous talent here at Hasbro,”
said
Mr. Goldner joined Hasbro in 2000. He was appointed CEO in 2008 and
Chairman of the Board in 2015. He held several prior leadership
positions at Hasbro, including COO from 2006 to 2008. Mr. Goldner serves
on the board of directors for
Mr. Frascotti was named President of Hasbro in
Further details on Mr. Goldner’s and Mr. Frascotti’s employment agreements may be found in the Company’s current report on Form 8-K filed today.
About Hasbro:
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, BABY
ALIVE and MAGIC: THE GATHERING, as well as premier partner brands.
Through its entertainment labels, Allspark Pictures and Allspark
Animation, the Company is building its brands globally through great
storytelling and content on all screens. Hasbro is committed to making
the world a better place for children and their families through
corporate social responsibility and philanthropy. Hasbro ranked No. 5 on
the 2018 100 Best Corporate Citizens list by
© 2018
HAS-C
HAS-IR
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Source:
Hasbro, Inc.
Investor Contact:
Debbie Hancock, 401-727-5401
debbie.hancock@hasbro.com
or
Press
Contact:
Julie Duffy, 401-727-5931
julie.duffy@hasbro.com