Spin Master Corp. announced its plan for executive leadership succession, designed to enhance the platform for its next phase of growth. Max Rangel has been appointed Global President effective January 2021 and will assume the position of Global President and CEO in April 2021. He will be responsible for the execution of Spin Master's long-term strategy. Rangel is a seasoned executive who has successfully led global businesses generating growth across multiple consumer packaged goods categories. He brings extensive experience in leading consumer-focused and high performing teams, developing innovative marketing and brand management programs and managing complex operations. Most recently, he held progressive positions with SC Johnson & Sons serving as SVP, President of Lifestyle Brands in International Markets and SVP, President, Asia Pacific, Africa, Middle East & Russia regions. Prior to SC Johnson & Sons, Rangel spent 22 years at Procter and Gamble and over three years at The Hershey Company. He is an effective people leader with a well-established ability to unlock the potential of teams to boost organizational capability. Spin Master's Co-Founders and current Co-CEOs, Ronnen Harary and Anton Rabie, will work closely with Rangel over the next several months to ensure a seamless transition, following which they will continue their leadership of the strategic path for Spin Master in their roles on the Board. Harary will continue to guide the growth of the digital games creative centre and Rabie will continue to provide input on Spin Master's culture globally. Both will continue to oversee Spin Master's long-term strategic vision focused on charting the company's growth and will remain involved in business development and all mergers and acquisition activity.