In a press release, Hasbro said Goldner was “receiving continued medical care” following the August 2020 revelation that he was undergoing treatment for cancer in 2014. He has been the CEO of the toy manufacturing company since 2008 and its president since 2015.
Rich Stoddart will serve as interim CEO during Goldner’s resignation. Recently, he held the position of Senior Independent Director of the Company Board.
“I am confident the company will be in the hands of Rich Stoddart as interim CEO, our highly experienced management team and the best employees in the business. Don’t be shy,” Goldner said in a press release.
Hasbro (HAS) Produces Monopoly, My Little Pony and toys for popular entertainment brands such as Star Wars and Marvel. The company revived during the pandemic, when bored families turned to the company for entertainment.
However, like other companies, it has also been affected by rising production and shipping costs. Hasbro said in July that it would raise prices later this year to “cover the increased costs of transportation and materials that we continue to see across the business.”
It is also trying to work through planned port congestion and continued shipping restrictions that will continue through the second half of the year, which could affect the holiday shopping season.
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