- Hasbro Inc (NASDAQ:HAS) announced two significant leadership changes on Wednesday.
- The leading toy maker appointed Gina Goetter as the new CFO, effective May 18, 2023, which follows the previously announced retirement of Deborah M. Thomas.
- Goetter joins Hasbro from Harley-Davidson, Inc. (NYSE:HOG), which stated on Wednesday that the formal search for a new CFO is underway.
- Also, Tim Kilpin joins Hasbro as President, Toy, Licensing & Entertainment, effective April 24, 2023. Kiplin is a Toy & Entertainment industry veteran, having most recently worked at PlayMonster Group LLC.
- “We are excited to welcome Tim and Gina to Hasbro. I am confident that their skills and qualifications will complement Hasbro’s existing leadership team as we execute against our Blueprint 2.0 strategy, which is focused on bringing our brands to life for consumers of all ages, maximizing the value of our IP, and creating long-term shareholder value,” stated Hasbro’s CEO, Chris Cocks.
- Price Action: HAS shares closed lower by 2.12% at $51.30 on Wednesday.
US Stock Market Closes To Celebrate V-J Day 77 Years Ago Today
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened?
On this day in 1945, the U.S. stock market closed to celebrate Victory over Japan Day.
Where The Market Was
The Dow Jones Industrial Average closed at 164.79 and the S&P 500 traded at 14.87.
