Since the brilliant "I have a better idea" Bryan Stockton pushed out Friedman, Curran etc during his first month as CEO in January, 2011, F-P has had 3 leaders (Allmark, Walker, MacKenzie) in just 6 years. Scothon was to be the 4th, but was canned after 3 days we hear because he consulted for MGA. F-P sales grew to $2.2 billion in 2010 post-recession, and profits hit an all time record of over $300 million....now sales are $500 million lower, profits are way down and 75% of the senior leadership in EA has been "retired" as well. A current F-P exec told me Stockton should be put in prison for what he did to F-P. That's almost laughable, but really, who is going to lead the needed turnaround at F-P?? Someone from the cereal or soda pop business??
9 replies (most recent on top)
hair weave should be packing her bags, because Mattel Management reads this blog :-)
I'm sure hair weave is getting all indignant and snippy reading this.
Did you know hair weave has a credit voucher for MSG that she's been using for her personal use for over a year? She got in January of 2015 after there was an accounting reconciliation adjustment made by MSG. She was given the credit and instead of using it for Team Events (which was the intended use) she's been using it for her own use (which is why the liquor cabinets in the suite are always full.
mattel builds a decent 99 cent matchbook car. applying this mentality to building Fisher Price products is wrong and the consumers have caught on by being fooled long enough.
Look what Mattel has done to Fisher Price. Just disgusting. So you Mattel people that have your hands tied to should look at the real problem at the top. Crap flows downhill.
Hair Weave must be running to that liquor cabinet now. Only a matter of time till that Gavel pounds on the sounding block.
The offices in EA, NYC and WI will cease to exist in a couple years
no one is running the ship. the FP wannabes running design, engineering, and marketing don't know what it takes to make a toy worthy of the FP logo
Obviously it's the pottery dude. He's so good he can do it part time while he runs his other businesses...
...until the Velvet Mafia is run out the top floors in ES. If that happens Mr. Pottery Man will be gone in minutes.
With a huge parachute, of course.