8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report:

July 9, 2007

MATTEL, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-05647	95-1567322
(State or other jurisdiction of incorporation)	(Commission File No.)	(I.R.S. Employer Identification No.)

333 Continental Boulevard, El Segundo, California	90245-5012
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code

(310) 252-2000

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 5 – Corporate Governance and Management

Item 5.02. Election of Director.

On July 9, 2007, the Board of Directors of Mattel, Inc. (“Mattel”) elected Vasant M. Prabhu as a new director of Mattel. The Board of Directors specified that this action will be effective on September 1, 2007; accordingly, on such date, the Board of Directors will be increased in size from eleven to twelve directors and Mr. Prabhu will join Mattel’s Board of Directors.

Mr. Prabhu, 47, is Executive Vice President and Chief Financial Officer of Starwood Hotels and Resorts Worldwide, Inc. and has served in that capacity since January 2004. Prior to joining Starwood, Mr. Prabhu served as Executive Vice President and Chief Financial Officer of Safeway Inc. from September 2000 through December 2003.

When Mr. Prabhu joins Mattel’s Board of Directors, he will also be joining the Audit Committee of Mattel’s Board of Directors.

Section 7 – Regulation FD

Item 7.01. Regulation FD Disclosure.

On July 9, 2007, Mattel issued a press release regarding the election of Mr. Prabhu to Mattel’s Board of Directors, a copy of which is furnished as Exhibit 99.0 hereto. This exhibit is incorporated herein by reference.

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits

(a) Financial statements of businesses acquired: None

(b) Pro forma financial information: None

(c) Shell company transactions: None

(d) Exhibits:

This exhibit is furnished pursuant to Item 7.01 hereof and should not be deemed to be “filed” under the Securities Exchange Act of 1934.

Exhibit No.	Exhibit Description
99.0	Press release dated July 9, 2007

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MATTEL, INC. Registrant
By:	/s/ Robert Normile
	Robert Normile Senior Vice President, General Counsel and Secretary

Dated: July 9, 2007

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EX-99.0

EXHIBIT 99.0

FOR IMMEDIATE RELEASE Media Contact: Jules Andres
Mattel, Inc.
310-252-3529
Jules.Andres@mattel.com

MATTEL ELECTS VASANT M. PRABHU TO ITS BOARD OF DIRECTORS

EL SEGUNDO, Calif., July 9, 2007 — Mattel, Inc. [NYSE:MAT] today announced the election of Vasant M. Prabhu, executive vice president and chief financial officer for Starwood Hotels & Resorts Worldwide Inc., as a new member of the Mattel Board of Directors, effective Sept. 1, 2007. This election will increase the number of Mattel Board members from 11 to 12.

“Vasant’s leadership in corporate finance and management affords him a diverse range of business experiences, including his tenure working in international markets, which will translate well to Board-level decisions at Mattel,” said Robert A. Eckert, chairman and chief executive officer of Mattel. “We look forward to welcoming him to the team and having the benefit of his wisdom and guidance.”

Responsible for the accounting, tax, treasury, strategic planning, corporate development, risk management, investor relations and technology functions of Starwood, Prabhu is a seasoned, established business leader with more than 20 years of experience in corporate finance and management. Prior to joining Starwood in January 2004, he served as executive vice president and chief financial officer for Safeway Inc., one of North America’s largest food retailers. Prabhu’s background also includes various senior executive positions, including president of information and media group for The McGraw Hill Companies, and senior vice president of finance and chief financial officer for Pepsi Cola International, where he was responsible for the company’s franchise and owned operations in more than 100 countries. Prabhu holds an M.B.A. in Marketing and Finance from the University of Chicago and a B.S. in Engineering from the Indian Institute of Technology in Bombay, India.

About Starwood Hotels & Resort Worldwide Inc. Corporation

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 870 properties in more than 95 countries and 145,000 employees at its owned and managed properties. Starwood® Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis®, The Luxury Collection®, Sheraton®, Westin®, Four Points® by Sheraton, W®, Le Meridien® and the recently announced Aloft(SM) and Element(SM) Hotels. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.

About Mattel

Mattel, Inc., (NYSE: MAT, www.mattel.com) is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family is comprised of such best-selling brands as Barbie®, the most popular fashion doll ever introduced, Hot Wheels®, Matchbox®, American Girl®, Radica® and Tyco® R/C, as well as Fisher-Price® brands, including Little People®, Power Wheels® and a wide array of entertainment-inspired toy lines. Mattel is recognized as one of the 100 Most Trustworthy U.S. Companies by Forbes Magazine and is ranked among the 100 Best Corporate Citizens by CRO Magazine. Committed to ethical manufacturing practices, Mattel marks a 10-year milestone in 2007 for its ever-evolving Global Manufacturing Principles and focus on sustainable business practices. With global headquarters in El Segundo, Calif., Mattel employs more than 30,000 people in 43 countries and territories and sells products in more than 150 nations. Mattel’s vision is to be the world’s premier toy brands today and tomorrow.

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