Mattel CEO departs as Barbie maker struggles to keep kids' interest — mashable.com

Bryan Stockton resigned from his post as CEO of Mattel on Monday after preliminary sales numbers indicated another disappointing holiday season for the struggling toy giant. The company announced that chairman Christopher Sinclair will take over as interim CEO until a replacement is determined. Alongside news of the departure, the toymaker announced that sales fell short of analyst expectations for the last three months of 2014, capping off several quarters of sagging sales.

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