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Businessman Harold "Matt" Matson and the husband-and-wife duo of Elliot and Ruth Handler founded Mattel as Mattel Creations in January 1945 in a garage in Los Angeles. [15] [16] The company name chosen is a portmanteau of the surname of Matson and first name of Elliot, with former chairman and CEO Bob Eckert revealing at a 2013 Christmas Day Peninsula Seniors lecture that the founders ...
Ruth Marianna Handler (née Mosko; November 4, 1916 – April 27, 2002) was an American business magnate and inventor.She is best known for inventing the Barbie doll in 1959 [2] and being co-founder of toy manufacturer Mattel with her husband Elliot, as well as serving as the company's first president from 1945 to 1975.
Isadore Elliot Handler (April 9, 1916 – July 21, 2011) was an American inventor, business magnate, and the co-founder of Mattel.With his wife, Ruth Handler, he developed some of the biggest-selling toys in American history, including Barbie, Chatty Cathy, Creepy Crawlers, and Hot Wheels.
Founder of retailer Wal-Mart. Inducted, 2011 56 Donald F. Duncan, Sr. (1892-1971) Founder of the Duncan Toys Company. 57 Al Verrecchia (1943-) CEO of Hasbro. Inducted, 2012 58 Frederick August Otto Schwarz (1836-1911) Founder of toy retailer FAO Schwarz. 59 Arnie Rubin Founder of Funrise Toy Corporation. Inducted, 2013 60 Russell Berrie (1933-2002)
H-E-B – Howard Edward Butt (founder's son; turned the family grocery store into a supermarket chain) H. J. Heinz Company – Henry John Heinz H.K. Porter, Inc. – Henry Kirke Porter
Once the Intellivision project became successful, software development was brought in-house. Mattel formed its own software development group and began hiring programmers. The original five members of that Intellivision team were Mike Minkoff, Rick Levine, John Sohl, Don Daglow, and manager Gabriel Baum. Levine and Minkoff, a long-time Mattel ...
Became "intrigued" with Turing's universal machine and later emphasised the importance of the stored-program concept for electronic computing (1945), including the possibility of allowing the machine to modify its own program in useful ways while running. John von Neumann is also considered to be the inventor of flowchart. John W. Mauchly [62]
Mattel sold both Mattel Interactive and The Learning Company in 2000 at a loss to Gores Technology Group. The total financial losses to Mattel have been estimated to be as high as $3.6 billion. [6] Mattel's acquisition of The Learning Company has been referred to as "one of the worst acquisitions of all time" by several prominent business journals.