Hasbro Inc. HAS mentioned late Wednesday that its president and chief working officer can be retiring on the finish of March subsequent yr. John Frascotti, who has served as COO since 2018, will serve out his contract, which ends March 31, and can function a particular adviser to Chief Govt Brian Goldner for an additional yr, the corporate mentioned. Hasbro didn’t identify a successor to the president or COO positions. Hasbro shares had been flat after hours, following a 2.3% rise within the common session to shut at $84.93.Market Pulse Tales are Speedy-fire, quick information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra data on this information.
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2020-10-07