Wishing Mr. Paul Ruh greater responsibilities and exciting challenges in this impressive new chapter!
A new chapter begins at Mattel as the iconic toymaker names Paul Ruh as its Chief Financial Officer, stepping into the role on May 19, 2025. He takes the reins from outgoing CFO Anthony DiSilvestro, who earlier announced his retirement and will remain on board as an advisor until mid-August, ensuring a smooth and thoughtful transition.
Paul Ruh’s appointment is seen as a major step forward in Mattel’s ongoing evolution, bringing with him over three decades of financial leadership at some of the most respected names in global consumer brands. As CFO, Ruh will lead Mattel’s financial ecosystem spanning planning and analysis, global shared services, investor relations, internal audit, tax, real estate, treasury, and also the company’s global technology operations. He will report directly to Ynon Kreiz, Chairman and CEO.
Kreiz shared his thoughts on the appointment, saying, “Paul brings to Mattel an exceptional track record as a global finance leader for some of the world’s largest consumer brands, guiding companies to achieve operational excellence and driving strong performance. We welcome Paul at an exciting chapter in our journey and look forward to his partnership as we continue to successfully execute our multi-year strategy and unlock the full value of our IP outside the toy aisle.”
Ruh responded with optimism, stating, “The strength of Mattel’s iconic portfolio of global brands is matched only by its potential for future growth. I look forward to partnering with Ynon and the team to help Mattel execute its strategy and create long-term value for shareholders.”
Ruh currently serves as CFO at Kenvue Inc., where he played a key role in separating the company from Johnson & Johnson, leading one of the most significant corporate splits in history and paving the path for brand-led, profitable expansion. His earlier years include pivotal finance roles at Johnson & Johnson Consumer Health, PepsiCo in Latin America, and foundational experience at Procter & Gamble and McKinsey.
Ruh holds an engineering degree from Universidad Iberoamericana and an MBA from MIT Sloan.
Kreiz also extended heartfelt gratitude to DiSilvestro, noting, “He played a pivotal role in our transformation and helped to create the financial strength we have as a company today. We wish him the very best in his retirement.”
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