Mattel, Inc. announced key changes to the company's executive leadership team, effective immediately. Richard Dickson and Tim Kilpin will assume expanded responsibilities as President, Chief Brands Officer and President, Chief Commercial Officer, respectively. Both Mr. Dickson and Mr. Kilpin will report to Mattel Chairman and CEO, Bryan G. Stockton.

Mr. Dickson will continue to oversee worldwide brand, design, development and marketing strategies for the Mattel and Fisher-Price® portfolio of core brands, including Barbie®, Hot Wheels® and Thomas & Friends®. Mr. Dickson will assume additional responsibility for the company's global consumer insights, marketing communications, innovation and digital initiatives groups. Mr. Dickson was appointed Chief Brands Officer in 2014, having previously served as president and CEO of branded businesses at The Jones Group, Inc. Mr. Kilpin will now direct the company's sales and marketing operations globally.

Mr. Kilpin will continue to be responsible for further strengthening Mattel's presence in developed and emerging markets throughout Europe, Latin America and Asia. In addition, Mr. Kilpin will assume additional responsibility for the North American division, with oversight of all sales and marketing activity in the United States and Canada. Mr. Kilpin was appointed Executive Vice President, International in 2014.

He has held a variety of leadership positions with Mattel and The Walt Disney Company over the course of his career, having first joined Mattel in 1984.