Sanjay Luthra to succeed Steve Totzke at Mattel.
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Sanjay Luthra to succeed Steve Totzke at Mattel. Published on: 8th April 2026 Steve Totzke will step down from his role at the start of May, with Sanjay Luthra appointed to succeed him as Chief Commercial Officer. Mattel, Inc. has announced that Steve Totzke, President and Chief Commercial Officer, will step down from his role effective from 1st May 2026. Sanjay Luthra, Executive Vice President and Managing Director of EMEA and Global Direct-to-Consumer, has been appointed Chief Commercial Officer, overseeing Mattel's global sales and commercial operations. Steve Totzke will continue as an Executive Advisor and President, Strategic Transition until the end of the year, to ensure a smooth transition. Sanjay will report to Mattel Chairman and CEO, Ynon Kreiz. Ynon said: "Steve has built a world-class commercial organization, deepened our relationships with retail partners and expanded our global reach while developing countless team members at Mattel. Sanjay is a Mattel veteran who has steered EMEA's transformation to achieve record sales and growth during his tenure and expanded Mattel's leadership across the region in key categories. On behalf of our Board and everyone at Mattel, we thank Steve for his passion and many contributions, and I am personally grateful for his years of partnership. We look forward to Sanjay's impact in executing our brand-centric strategy to...
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