Toymaker Hasbro CEO Brian Goldner will take immediate medical leave

Brian Goldner attended the global premiere of “Transformers: The Last Night” on June 18, 2017 at Cineworld Leicester Square in London, England.

David M. Bennett | Wire Image | Getty Images

Toys and entertainment company Hasbro has announced that Brian de Goldner is taking immediate medical leave in the absence of his CEO.

The move, announced on Sunday, follows Goldner’s announcement in August 2020 that he has been receiving ongoing treatment for cancer since 2001.

Goldner has been the CEO of Hasbro since 2008 and has been the Chairman since May 2015.

Most recently, Hasbro’s board of directors has appointed Rich Stoddart, an independent director, as interim chief executive, and it will begin immediately.

Hasbro says Studdart brings extensive leadership experience and expertise in global brand-building, advertising and marketing and supply chain management. He was previously the world’s largest global marketing company, and Leo Burnett was chief executive at Global Inner Works. He has served on the Hasbro Board since 2001.

In addition to appointing Studdart as interim chief executive, Hasbro’s board has reappointed Edward M. Philip as chief independent director and Tracy A. Lenbach as chairman of the board’s nomination, governance and social responsibility committee.

Philip has more than 30 years of business and management experience, including an operating executive and chief financial officer of a multinational corporation. Linebach served as executive vice president and chief financial officer of Ryder Systems, a global logistics and transportation and supply chain solution provider, from 2003 to 2006.

“Brian is an inspiring and visionary leader who has taken Hasbro on an incredible path to the future. At Hasbro we are all thinking about him as we focus on his health,” Philip said in a statement.

Hasbro’s headquarters are in Poutcott, Rhode Island.

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