Mattel has appointed Peter Griffith Chief Financial Officer and a member of its Board of Directors, succeeding Paul Ruh, who will remain with the company in an advisory role through the end of 2026.
EL SEGUNDO, Calif., Oct. 20, 2026, (FINANCE INTERVIEWS) — Toy and entertainment company Mattel has appointed Peter Griffith Chief Financial Officer and named him to the company’s Board of Directors.
Griffith succeeds Paul Ruh, who will remain with Mattel in an advisory role through the end of the year to support the transition. Griffith will report to Roger Lynch, Chairman and Chief Executive Officer of Mattel.
Griffith most recently served as Executive Vice President and Chief Financial Officer of Amgen, where he worked on acquisitions, strategic investments, capital allocation and financial management.
“Peter is a highly accomplished and respected financial leader with a proven track record of enabling growth, driving financial discipline, and allocating capital strategically. His deep experience spanning global financial management, private equity, and investment banking will be invaluable as we look to sharpen our execution and improve our performance. We welcome him to our management team and board and look forward to his impact as we focus on delivering for our shareholders, employees, fans, and partners,” said Lynch.
Before joining Amgen in 2019, Griffith served as President of private equity and advisory firm Sherwood Canyon Group. He previously spent more than two decades as a Partner at EY, including serving as Global Vice Chair, Corporate Development and Global Managing Partner, Operations and Finance.
Earlier in his career, Griffith was Managing Director and Head of the Investment Banking Division at Wedbush Securities.
“Mattel has an iconic and exceptional portfolio of brands and a strong global platform and financial foundation on which to build. I am excited to partner with Roger, the board, and the talented team at Mattel to execute the company’s priorities, and help deliver sustained, profitable growth and shareholder value,” said Griffith.
Griffith also serves on the Advisory Board for the USC Schaeffer Center for Health Policy and Economics and the USC Marshall School of Business Board of Leaders. He earned a bachelor’s degree from the USC Marshall School of Business.
“On behalf of the board and management team, I want to thank Paul for his leadership and significant contributions to Mattel. During his tenure, Paul strengthened our Finance and Global Technology organizations, and further reinforced our balance sheet, leaving Mattel well positioned for the future. He has also been a trusted partner to the board and management team, and we are grateful that he will serve in an advisory capacity to help ensure a smooth handover. We wish Paul continued success in his next chapter,” said Lynch.
Mattel owns and operates a portfolio of toy and entertainment brands including Barbie, Hot Wheels, Fisher-Price, American Girl, UNO, Masters of the Universe, Matchbox, Monster High and Polly Pocket.
For more information, visit www.mattel.com.
Source: Mattel