California-based toyco MGA Entertainment promoted Martin J. Elliott (pictured) to CFO, effective immediately. Elliott will report to CEO Isaac Larian and work alongside former CFO Stephen Schultz, who will remain at the company in an advisory role until the end of this year. Elliott and Schultz will collaborate on an overview of MGA’s fiscal functions and work to establish policies and long-term strategies with the executive management team.

Elliott first joined MGA Entertainment in 2015 as VP of financial planning and analysis, responsible for financial planning and analysis, corporate development, cost management, capital allocation and growth optimization. He previously served as senior director of strategy for Mattel and as the director of finance at The Walt Disney Company.

The toyco has been switching up its personnel a bit lately, including late last year, hiring former Mattel, Lionsgate and Build-A-Bear exec Anne Parducci as its first chief content officer. She leads content development for MGA’s brands across multiple platforms and digital channels in the newly created role, overseeing the MGAE Studios division, heading the in-house creative team and managing the company’s content distribution.