Hasbro announced on Tuesday night that Brian Goldner, a longtime CEO who helped the toy maker expand into international markets and forge links with the entertainment industry, had passed away at the age of 58, two days after taking sick leave.
Mr Goldner announced in August 2020 that he was being treated for cancer. He joined Hasbro in 2000 and was named CEO in 2008 and chairman of the board in 2015.
Interim CEO Rich Stoddart called Mr. Goldner “the heart and soul of Hasbro.” Edward M. Philip, the company’s lead independent director, said that “Mr. Goldner’s inspiring leadership and enthusiasm left an indelible mark on everyone and everyone he touched.”
Over the past 10 years, Hasbro’s revenue has surpassed that of its competitor Mattel, reaching $ 5.5 billion in 2020.
Hasbro’s product portfolio includes Monopoly, My Little Pony, and Transformers. Mr. Goldner was praised for expanding the company’s presence in Hollywood through deals that turned products such as Joe Joe figures into films and television programs.
In recent years, Hasbro, based in Pawtucket, Rhode Island, has reportedly been in talks to acquire DreamWorks Animation and Mattel, a manufacturer of Barbie dolls.
More recently, Hasbro introduced an e-commerce site where it can offer fans ways to order limited edition toys.