Mattel the world's second largest toy maker in terms of revenue, after The Lego Group. In 2014, it ranked #403 on the Fortune 500 list. On January 17, 2017, Mattel named former Google executive Margo Georgiadis as CEO. Georgiadis stepped down as CEO of Mattel on April 19, 2018. Her last day was on April 26, 2018. Ynon Kreiz is now the new CEO of Mattel. The name Mattel is a portmanteau of Harold "Matt" Matson and Elliot Handler, the company's founders. Harold "Matt" Matson and Elliot Handler founded "Mattel" in 1945. The company sold picture frames, and later dollhouse furniture.
Brad Handler announced it had acquired nearly 2,000 club members. The company has also been active philanthropically, helping raise over $1.5 million, as of August 2012, for nonprofit organizations, schools and hospitals across the country by providing vacation homes for auction at fundraising events. In addition to his entrepreneurial pursuits, Handler is a lecturer at Stanford Law School and the University of Virginia School of Law. He is a board member of New Moon Girls magazine. He is also an active angel investor and is credited with numerous patents. Handler is a contributor to Forbes.com. Brad Handler Brad Handler (born July 19,