Mattel: CEO was terminated

April 10, 2015 5:54 PM

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Mattel Inc. said in a regulatory filing that it terminated former CEO Bryan Stockton, which starkly differs from a statement made earlier this year, when the toy maker said he had resigned.

The revelation came as the El Segundo, California-based company disclosed late Thursday that Stockton will receive $125,000 per month for the next year as part of consulting assignment. That comes out to be $1.5 million annually, more than the $1.15 million in salary he was paid in the latest year, ...

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