Mattel's New Board Member Experienced in Canadian Small-Caps

Dow Jones10-22

1749 ET - Mattel's new board member doesn't give much insight into the direction of the toy company. As part of a deal with EdgePoint, Mattel's biggest shareholder, Lee Matheson is joining the board. Mattel execs say his connection with EdgePoint is an important bridge, as the company is facing more pressure from investors to consider a sale. Matheson has served on the board of several other public companies, none of which are related to toy making. He has served on the board of the Canadian telecoms companies Tucows and Optiva, as well as several other Canadian firms related to technology, security and healthcare.

 

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