#Canada #Toronto #Spin Master #Jonathan Roiter #Mark Segal

Spin Master Appoints New CFO

In an exciting development for the toy and entertainment giant, Spin Master Corp. has announced that Jonathan Roiter will join the company as Executive Vice President and Chief Financial Officer (CFO), effective May 2025. This change comes in light of Mark Segal's impending retirement, marking a significant transition for the company.

Max Rangel, the Global President and CEO of Spin Master, expressed enthusiasm about Roiter’s addition to the team, highlighting his extensive background in financial leadership and operational excellence. Rangel stated, “Jonathan brings a wealth of experience in finance and operational leadership, M&A, and capital markets, complemented by his deep understanding of the consumer-packaged goods industry. This will bolster our leadership team and enhance our commitment to delivering long-term shareholder value.”

Roiter’s Impressive Background

Jonathan Roiter transitions to Spin Master after serving as CFO at Softchoice, where he demonstrated a remarkable ability to drive revenue and operational efficiencies. He is well-versed in navigating the complexities of public finance, having held senior roles in various successful organizations including GoodFood, Gildan, and Ace Bakery. His experience at prestigious consulting firm McKinsey & Company further deepens his strategic acumen.

Roiter remarked on his excitement about joining Spin Master, stating, “As a Canadian-founded company, Spin Master has achieved tremendous success on the global stage in its 30-year history. I look forward to joining the management team to continue to build on the company’s legacy by driving growth, fortifying our financial foundation, and enhancing shareholder value.”

Spin Master: A Leader in Children's Entertainment

Spin Master is renowned for offering exceptional play experiences through its innovative approach to toys, entertainment, and digital games. With a distribution network that spans over 100 countries, the company is celebrated for award-winning brands such as PAW Patrol®, Hatchimals®, and Bakugan®. Additionally, their entertainment division is responsible for creating engaging content across multiple platforms, further solidifying their place in the children's entertainment industry.

As the company embraces this leadership change, Spin Master is expected to continue its upward trajectory. With nearly 3,000 employees spread across 29 offices in close to 20 countries, the organization stands poised to strengthen its market position even further. The change in the CFO role is seen as a strategic move that will enhance the company’s ability to capitalize on growth opportunities and navigate the ever-evolving landscape of children's entertainment.

In concluding remarks about his departure, Mark Segal expressed gratitude for his tenure at Spin Master, stating, “I am proud of the contributions I've made during my long career here. I sincerely wish the company continued success in the future.”

The impending shift in leadership at Spin Master not only signifies evolution within the company but also reflects an ongoing commitment to innovation and excellence in creating magical experiences for children and families worldwide.

With Jonathan Roiter stepping in as CFO, Spin Master looks forward to leveraging his insights and experience to catalyze even more creativity and growth in the highly competitive market of children's products.