Hasbro CEO Brian Goldner Takes Medical Leave, Effective Immediately

Hasbro CEO Brian Goldner on the White House in May 2020.


Alex Brandon/Associated Press

Hasbro Inc. Chief Executive Brian Goldner will take a depart of absence for medical care.

The international toy, sport and leisure firm didn’t specify the medical situation however pointed to Mr. Goldner’s disclosure in August 2020 that he was present process continued therapy which may trigger hair loss. He was handled for prostate most cancers in 2014.

“After careful consideration, I have decided to take a medical leave to focus on my health,” Mr. Goldner stated.

The depart is efficient instantly, Hasbro stated Sunday.

Rich Stoddart, beforehand lead impartial director of Hasbro’s board, will take over as interim CEO.

Mr. Goldner joined Hasbro in 2000 and have become CEO in 2008. The share worth has greater than tripled since he took cost.

In July, the Pawtucket, R.I.-based firm reported a 54% rise in second-quarter income, due to progress in its Wizards of the Coast and digital-gaming phase. Like many corporations, it has been working to handle pandemic-driven rises in freight and enter prices, in addition to transport bottlenecks.

The firm will report third-quarter earnings Oct. 26.

Hasbro stated that its board of administrators has reappointed

Edward Philip

as lead impartial director, and Tracy Leinbach to chair the board’s Nominating, Governance and Social Responsibility Committee.

Write to P.R. Venkat at venkat.pr@wsj.com

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Appeared within the October 11, 2021, print version as ‘Hasbro CEO Takes Medical Leave.’

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