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<blockquote data-quote="Jer" data-source="post: 8921768" data-attributes="member: 19857">I think that's the real key here. The board doesn't trust the executives that they've hired to actually run the company. A board that is involved in product decisions is a board that is micromanaging. That's not a good sign at all.Personally I think a lot of problems at Hasbro stem from the sudden death of their CEO in 2021. He had the board's trust - he'd been the CEO since 2008 - and they were willing to go with his plans. He was the one who had the vision of Hasbro being a bigger entertainment company, he was the one who bought eOne, and generally he was the one with all of the vision.And you can tell that he was the one with the vision by how the company basically reversed course on his vision almost immediately after his death. In retrospect it seems likely that the board trusted HIM to be able to make those changes and make them good, but they didn't trust those changes in the abstract. And now they're pushing into digital as a pivot into a new vision for the company.I do think that Hasbro's in a bad place. They might be able to pull it out, they might also implode and start selling off assets.</blockquote>

[QUOTE="Jer, post: 8921768, member: 19857"] I think that's the real key here. The board doesn't trust the executives that they've hired to actually run the company. A board that is involved in product decisions is a board that is micromanaging. That's not a good sign at all. Personally I think a lot of problems at Hasbro stem from the sudden death of their CEO in 2021. He had the board's trust - he'd been the CEO since 2008 - and they were willing to go with his plans. He was the one who had the vision of Hasbro being a bigger entertainment company, he was the one who bought eOne, and generally he was the one with all of the vision. And you can tell that he was the one with the vision by how the company basically reversed course on his vision almost immediately after his death. In retrospect it seems likely that the board trusted HIM to be able to make those changes and make them good, but they didn't trust those changes in the abstract. And now they're pushing into digital as a pivot into a new vision for the company. I do think that Hasbro's in a bad place. They might be able to pull it out, they might also implode and start selling off assets. [/QUOTE]

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