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  "documentTitle": "Hasbro | Investor Presentation Deck | 76 slides",
  "authorId": "hasbro",
  "authorName": "Hasbro",
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  "presentationDate": "2022-05-01 00:00:00",
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  "pageNumber": 50,
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  "notes": "The slide uses a combination of narrative arguments and supporting financial data to discredit the activist investor's timing.",
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      "kind": "chart",
      "text": "Wizards & Digital Gaming Operating Profit ($M)",
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      "text": "Wizards & Digital Gaming Revenue ($M)",
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      "text": "The Board clearly recognized the importance of Wizards to overall Hasbro and Chris Cocks' strong performance-oriented leadership when they appointed him as Hasbro's new CEO\nBoard had been actively engaged in succession planning prior to Chris' appointment\nHaving assumed the CEO role only 8 days after Alta Fox publicly launched their attack, Alta Fox did not give Chris any time to ramp up in the seat and pursue his vision for the consolidated business\nNo one is better positioned than Chris to get the full benefit of the Brand Blueprint for Wizards\nHistorical Wizards performance under Chris' leadership was strong, and the Board believes Hasbro should see how Chris' impact on the company will generate returns in excess of what a separated Wizards and Consumer / Entertainment RemainCo could achieve",
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      "text": "Operating Profit Margin 38.7% 46.4% 42.5%",
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      "kind": "paragraph",
      "text": "Alta Fox began buying Hasbro stock just days after the passing of Hasbro's long-time leader Brian Goldner and went public 8 days before Chris Cocks' CEO appointment became effective",
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      "kind": "title",
      "text": "Alta Fox’s Campaign to Separate Wizards is Poorly Timed",
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