Mattel 2006 Annual Report Download - page 8

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OPPORTUNITY AS A PROMISE
Your Board has again been recognized for its commitment to corporate governance. For the third year in a row,
Mattel received the highest overall global rating of 10 from GovernanceMetrics International (GMI), placing
Mattel among the top 1 percent of more than 3,400 global companies.
And the Board continues to rejuvenate itself. Effective with this year’s stockholder meeting, John Vogelstein, a
24-year Board member and our lead independent director, and Gene Beard, a seven-year director and chairman
of the Audit Committee, will retire from Board service. Both of these gentlemen have served you well with
unwavering integrity. We will sincerely miss them, their insights, their wisdom, challenges and advice. At the
same time, the Board has used this opportunity to elect Dr. Frances D. Fergusson, President Emeritus of Vassar
College, as a Mattel director. We certainly look forward to her contributions, oversight and leadership.
Opportunity: the dictionary defi nes it as “a favorable combination of circumstances”; it also defi nes it as
“a chance for progress or advancement.” As we move into 2007, there is clear opportunity for growth
domestically and abroad; open opportunities to engage children around the world in our brands; opportunities
to partner with our retail customers; and the opportunity to build and strengthen our communities, locally
and around the world.
We at Mattel defi ne opportunity as a promise. A promise not only to take advantage of the opportunities we
are given, but also to create positive opportunities for our brands, our employees, our customers and consumers,
and you, the owners of the company, as we continue to embody our vision of being the World’s Premier Toy
Brands – Today and Tomorrow.
Sincerely,
Chairman of the Board and
Chief Executive Offi cer