Essay About Senior Executives Of Mattel And Executive Officers

Leading Change
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In establishing and evaluating the effectiveness of compensation programs for
executive officers, as well as other senior executives of Mattel, the
Compensation Committee is guided by three basic principles:
• Mattel must offer competitive salaries and other benefits to be
able to attract, retain and motivate highly-qualified and
experienced executives;
• Cash compensation for executives in excess of base salaries
should be tied to Mattels performance, individual performance
or both; and
• The financial interests of Mattels executives should be aligned
with the financial interests of the stockholders, primarily
through equity programs and short- and long-term incentive plans.
Mattel benchmarks its total compensation levels by comparing itself to other
large, global, consumer product companies, in order to make Mattels
compensation opportunities competitive with what other leading companies are
providing. Mattel compares its pay to leading companies because Mattel wants to
attract and retain talented employees who will lead Mattel to greater business
success. Mattel generally intends for its overall executive compensation
packages to be at or above the average for global consumer product companies,
but Mattel does not target a specific percentile for benchmarking purposes.
comparative market data regarding compensation, aspects of compensation paid to
senior executives of Mattel, incentive concepts, financial and other performance
measures and equity incentive plans.