Hasbro CEO Brian Goldner takes medical leave

  • After around 13 years in the position
  • Praise for Goldner
  • Rich Stoddart taking over temporarily
  • Goldner said 67 words

(exechange) — Pawtucket, Rhode Island, October 10, 2021 — This news came shortly before Columbus Day. Brian Goldner, chief executive of Hasbro, takes a medical leave of absence. As announced by Hasbro Inc. in a news release on Sunday, October 10, 2021, Brian D. Goldner leaves his post as chief executive officer at the play and entertainment company, after around 13 years in the role, effective immediately.

Brian Goldner’s duties as CEO will be taken over temporarily by Richard S. (Rich) Stoddart, most recently Lead Independent Director of the Board of Directors at Hasbro Inc., as Interim Chief Executive Officer.

Health reasons

Hasbro said: “Brian D. Goldner is taking a medical leave of absence from his role as CEO, effective immediately. Today’s announcement follows Mr. Goldner’s disclosure in August 2020 that he was undergoing continued medical care following treatment for cancer in 2014.”

Share price increase since October 2016

The announcement follows an increase in Hasbro Inc.’s share price of 12% since October 2016.

In the position of CEO since 2008

Brian Goldner became CEO of the Company in 2008.

Brian D. Goldner has served as the Chief Executive Officer of Hasbro, Inc. since 2008, and has served as the Chairman of the Board since May 2015.

In addition to being Chief Executive Officer, from 2008 to 2016, Goldner was also the President of Hasbro.

Prior to 2008, Goldner served as the Chief Operating Officer of Hasbro from 2006 to 2008 and as President, U.S. Toys Segment from 2003 to 2006.

Prior to joining Hasbro in 2000, Goldner held a number of management positions in the family entertainment and advertising industries, including as Executive Vice President and Chief Operating Officer of Bandai America, Worldwide Director in charge of the Los Angeles Office of J. Walter Thompson and as a Vice President and Account Director of Leo Burnett Advertising.

Push-out Score not determined

When the reason for the departure is health-related, a Push-out Score™ is not determined.

Read the full story in the exechange report 42.2021 ($).