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Hasbro CEO Brian Goldner takes leave of absence for cancer treatment

Mark White by Mark White
October 22, 2021
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In a press release, Hasbro said Goldner is “undergoing continued medical care” following an August 2020 disclosure that he was seeking treatment for cancer in 2014. He has been the toymaker’s CEO since 2008 and its chairman since 2015.

Rich Stoddart will serve as the interim CEO during Goldner’s leave. He most recently served as lead independent director of the company’s board.

“I feel confident knowing the company will be in the skilled hands of Rich Stoddart as interim CEO, our highly experienced management team and the best employees in the business,” Goldner said in a press release, adding that the company’s future “couldn’t be brighter.”

Brian Goldner in a 2020 photo.
Hasbro (HAS) makes Monopoly, My Little Pony and toys for a number of well-known entertainment brands including Star Wars and Marvel. The company likes to refer to itself as a “toy and entertainment company,” after it bought film and TV production and distribution company eOne in late 2019.
The company had a resurgence during the pandemic as bored families turned toward the company to entertain themselves. However, like other companies, it has also been hurt by increasing production and shipping costs. Hasbro said in July that it’s hiking prices later this year to “offset the rising cost of freight and commodities we continue to see across the business.”
It’s also is trying to work through anticipated port congestion and ongoing ocean shipping constraints that will continue in the second half of the year, potentially affecting the busy holiday shopping season.

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Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

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