Mattel Names New CFO After Accounting Scandal

After a reporting incident sent Mattel (NASDAQ: MAT) shares lower in October 2019, the company is finalizing its commitment to find a new CFO to replace Joe Euteneuer, who presided over the company's finances at the time the whistleblower letter came out.

The toy maker announced on Wednesday that it has hired Anthony P. DiSilvestro, who will come on board as an executive advisor on June 29. He will assume the chief finance role after the release of the company's second quarter earnings, which is expected to take place on July 30.

Image source: Mattel.

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Source Fool.com