Spin Master: CFO Mark Segal to retire in 2025

Spin Master Corp. announced that Executive Vice President and Chief Financial Officer, Mark Segal, will retire as CFO in the first half of 2025. The Company is conducting an external search for a successor. Segal will assist in the transition and will subsequently continue at the Company in an advisory capacity.

Numerous acquisitions and expansion

Segal originally joined Spin Master in 2001 and spent 10 years as CFO. He rejoined the Company in 2015 as Executive Vice President & CFO to lead its Initial Public Offering and has since been instrumental in the Company's international growth, numerous acquisitions and expansion into digital games. During his second term, Spin Master's revenues grew from $983 million in 2015 to $1.9 billion in 2023.

Guiding the company

"In his distinguished 20 years as CFO with Spin Master, Mark has steadfastly guided the Company forward by applying his exceptional financial leadership to maintain a strong balance sheet and cash flow, which in turn has helped to provide a platform for our growth ambitions," said Max Rangel, Spin Master's Global President & CEO.

Source: https://www.spinmaster.com/en-US/corporate/media/press-releases/122965/