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Hasbro, Inc. (/ ˈ h æ z b r oʊ /; a syllabic abbreviation of its original name, Hassenfeld Brothers) is an American multinational toy manufacturing and entertainment holding company founded on December 6, 1923 by Henry, Hillel and Herman Hassenfeld and is incorporated and headquartered in Pawtucket, Rhode Island. [6]
Stephen David Hassenfeld (January 19, 1942 – June 25, 1989) was an American businessman best known for being the chairman and chief executive officer of Hasbro from 1980 until 1989. During his tenure, Hassenfeld restored the reputation of Hasbro and surpassed Mattel as the world's largest toy manufacturer.
He is the brother of Stephen D. Hassenfeld, who preceded him in the post.Hasbro was founded as a Hassenfeld family business in 1923. As chairman and chief executive, he has diversified Hasbro's portfolio of companies and expanded international operations while initiating a singular brand of corporate activism designed to improve the lives of children.
Hasbro, the company behind Dungeons & Dragons, took a $3.5 billion loss on the movie studio it bought in 2019.
He took an immediate leave of absence as CEO of Hasbro for medical reasons on October 10, 2021, and died a day later, at his home in Barrington, Rhode Island, at age 58. [ 2 ] [ 14 ] References
Founder of retailer Wal-Mart. Inducted, 2011 56 Donald F. Duncan, Sr. (1892-1971) Founder of the Duncan Toys Company. 57 Al Verrecchia (1943-) CEO of Hasbro. Inducted, 2012 58 Frederick August Otto Schwarz (1836-1911) Founder of toy retailer FAO Schwarz. 59 Arnie Rubin Founder of Funrise Toy Corporation. Inducted, 2013 60 Russell Berrie (1933-2002)
The next CEO on my turnaround tour was Hasbro's Chris Cocks, a leader further along in his turnaround playbook than Dickson or Chriss. We chatted at the Goldman Sachs Communacopia conference this ...
“I admire John’s career focus on fostering community," Hasbro CEO Chris Cocks wrote in the news release. "He is a true embodiment of our mission to bring people together through play. John’s ...