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John Warden grew up playing with Hasbro toys, dreaming of a day when he might get to design them himself. And that dream did come true: Warden spent 25 years working for the toy company, on ...
He is the brother of Stephen D. Hassenfeld, who preceded him in the post.Hasbro was founded as a Hassenfeld family business in 1923. As chairman and chief executive, he has diversified Hasbro's portfolio of companies and expanded international operations while initiating a singular brand of corporate activism designed to improve the lives of children.
Hasbro, Inc. (/ ˈ h æ z b r oʊ /; a syllabic abbreviation of its original name, Hassenfeld Brothers) is an American multinational toy manufacturing and entertainment holding company founded on December 6, 1923 by Henry, Hillel and Herman Hassenfeld and is incorporated and headquartered in Pawtucket, Rhode Island. [6]
Playskool's signature brands and toys include Mr. Potato Head, Tonka, Alphie, [14] Weebles, Play-Doh, Sesame Street toys, and Gloworm. Playskool creates products for newborn to preschool-aged children; products like the Kick Start Gym, Step Start Walk 'n Ride, and the Tummy Time line are aimed at developing the motor skills of babies.
Hasbro opened its Providence office in 2012, after securing a $1.6-million tax break from the Rhode Island Economic Development Corporation and a pledge to bring in 281 jobs to Rhode Island. At ...
Hasbro also announced layoffs are coming for fewer than 50 Rhode Island jobs. Spokeswoman Andrea Snyder confirmed that Hasbro plans to lay off fewer than 100 people in total, with about half ...
The brothers would move on to sell pencil boxes, school supplies, and later, toys. After the success of Mr. Potato Head and G.I. Joe the Hassenfeld Brothers would create Hasbro Industries in 1968, and begin to list on the NYSE. In 1980, Stephen's father Merrill died, and Stephen took over control of Hasbro.
By focusing on what it does best: making toys and games. Last year, Hasbro sold its eOne television and movie business to Lionsgate for about $500 million, a steep drop from the $4 billion that ...