Mattel Enters into Cooperation Agreement with EdgePoint Investment Group Inc.
Business Wire•21/10/2026•16:40 ET
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Key Highlights
- ➤EdgePoint holds approximately 18% of Mattel, making it the company’s largest shareholder
- ➤Mattel appoints EdgePoint Partner Lee Matheson to its Board of Directors
- ➤Mattel and EdgePoint sign cooperation agreement with voting and standstill provisions
- ➤Roger Lynch says the board will advance Mattel’s brand-centric strategy and unlock business potential
Expert Statements
Roger Lynch, Chairman and CEO of Mattel
“We welcome Lee to Mattel’s Board. Beyond his deep investor and public markets experience, his perspective as a Partner of Mattel’s longstanding and largest shareholder adds a new dimension to our board as we advance our brand-centric strategy and capitalize on the potential of our business.”
Noreena Hertz, Chair of Mattel’s Governance and Social Responsibility Committee
“Lee brings to Mattel significant public company board experience, as well as an extensive background in investment management and financing. His strengths will complement our board’s existing capabilities as we continue to focus on enhancing value for shareholders.”
Lee Matheson, Partner at EdgePoint Investment Group Inc.
“EdgePoint has been a Mattel investor and supporter for many years. The firm has long believed in the value of the Company’s world-class brands and its premier intellectual property. I look forward to working alongside Roger and the entire board in pursuit of the shared goal of unlocking Mattel’s intrinsic value for the benefit of all shareholders.”
Mattel Enters into Cooperation Agreement with EdgePoint Investment Group Inc.
EdgePoint Partner Lee Matheson Joins Mattel Board of Directors
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