I’m a bit curious about Mattel’s new CEO

Steve’s breakdown: Margaret Georgiadis, the new CEO, has never sold a “thing” in her life. You know, stuff you can see and touch. She’s sold advertising at Google, credit cards at Discover and “experiences” at Groupon. Very Curious – don’t ya think?

If you’ve ever sold “anything” and are kid/tech savvy, it’s time to give Mattel a call.

EL SEGUNDO, CA: Mattel Inc. (MAT) announced that Margaret Georgiadis has been named as CEO, effective February 8, 2017. Ms. Georgiadis, who will also join Mattel’s Board, was most recently President, Americas at Google Inc. She will succeed Christopher Sinclair as CEO. Going forward, Sinclair will serve as Executive Chairman of the Board. Richard Dickson will continue as President and Chief Operating Officer.

As President, Americas at Google from 2011-2017, Ms. Georgiadis led the company’s commercial operations and advertising sales in the US, Canada, and Latin America. Her prior roles at Google include leading Global Sales Operations and expanding local and commerce businesses. Ms. Georgiadis has served as COO of Groupon, Inc., and Executive Vice President of Card Products and Chief Marketing Officer of Discover Financial Services. Prior to Discover, Ms. Georgiadis was a partner at McKinsey & Company for 15 years in London and Chicago.

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