US EditionFunko Taps Netflix Executive as Its Next CEO Amid Slumping Sales
Josh Simon, with leadership experience at Netflix and Disney, will lead Funko's turnaround amid organizational challenges following recent executive changes, the board said.
- Funko appointed Josh Simon as its CEO effective September 1, replacing interim CEO Mike Lunsford and joining the board of directors.
- Simon joined Funko after Cynthia Williams exited as CEO in July following a tenure beginning in May 2024 amid challenging business conditions.
- Simon brings experience from Netflix and Nike, where he led consumer products, global strategy, and launched over 40 live experiences worldwide.
- Funko chairman Charles Denson praised Simon as "an exceptional leader" with experience exactly what Funko needs to build on its huge fan base.
- Funko faces a 22% Q2 sales decline to $193.5 million and a $41 million loss, and it recently hired advisors to explore refinancing its debt.
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Netflix Consumer Products VP Heads To Funko As CEO
Fandom and pop culture company Funko has tapped former Netflix, Disney and Nike executive Josh Simon as chief executive overseeing brands including Funko, Loungefly and Mondo with a wide portfolio of licenses that span vinyl figures, collectibles, fashion accessories, apparel, action toys and art. Simon joins Funko following more than five years at Netflix as Vice […]
·Los Angeles, United States
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Total News Sources11
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
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