Contract extended for Hasbro CEO Goldner

HASBRO'S BOARD OF Directors extended Hasbro Chairman, CEO and President Brian Goldner's contract for another three years.  / BLOOMBERG NEW FILE PHOTO/DANIEL ACKER
HASBRO'S BOARD OF Directors extended Hasbro Chairman, CEO and President Brian Goldner's contract for another three years. / BLOOMBERG NEW FILE PHOTO/DANIEL ACKER

PAWTUCKET – The contract for Brian Goldner, Hasbro Inc.’s chairman, president and CEO, has been extended for another three years, the company said Tuesday.
The toymaker said the board of directors agreed with Goldner to extend his employment through 2020.
According to a filing with the U.S. Securities and Exchange Commsision, Goldner will be paid an annual base salary of $1.5 million in 2017. He was paid a base salary of $1.3 million in 2015, but his total compensation was $10.3 million that year.
The new contract also includes a bonus and other incentives. It states that Goldner shall be eligible to receive a management incentive plan bonus based on a target of 175 percent of his earned base salary, and that he also can participate in Hasbro’s long-term incentive program in which he will have a target long-term incentive award level equal to 450 percent of his annualized base salary.

“Brian has proven himself to be a strategic visionary and innovative leader, and the board of directors is confident he is the right individual to lead Hasbro to new levels of success into the future,” Basil Anderson, the company’s lead independent director, said in a statement.
Anderson said Goldner, who joined the company in 2000, “has been instrumental in transforming Hasbro from a traditional toy and game company to a global play and entertainment leader.”
Goldner said he is honored to continue to lead the company, and looks forward to building upon its progress and momentum.
Before Goldner was named CEO, he held several leadership positions. He served as Hasbro’s chief operating officer from 2006 to 2008.

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