Alan G. Hassenfeld, Former Hasbro CEO and Philanthropist, Dies at 76

Alan G. Hassenfeld, Former Hasbro CEO and Philanthropist, Dies at 76

Alan G. Hassenfeld, former chairman and chief executive officer of Hasbro, has died at 76. He was a longtime advocate for children’s health and education.

Born on November 16, 1948, Hassenfeld was the third generation of his family to lead the Rhode Island-based toy company, which began as Hassenfeld Brothers in 1923. 

He joined Hasbro in 1970 and held various leadership positions, becoming president in 1984 and later CEO and chairman in 1989. 

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Under his tenure, Hasbro expanded internationally and diversified its product offerings, acquiring key entertainment properties and licensing agreements that shaped the company’s global growth.

Hassenfeld was instrumental in promoting ethical sourcing and child labor reform through industry partnerships and oversight initiatives. He played a key role in establishing the ICTI CARE Process, an international effort aimed at improving working conditions in the toy industry supply chain.

After stepping down as CEO in 2003 and as chairman in 2008, he focused on philanthropic work through the Hassenfeld Family Foundation. He supported initiatives in children's healthcare, education reform, refugee assistance, and civic engagement. 

Hassenfeld was a founding benefactor of Hasbro Children’s Hospital in Providence, and his family’s contributions enabled the establishment of the Hassenfeld Child Health Innovation Institute at Brown University.

He served on numerous boards including Brown University, the University of Rhode Island Foundation, and The Miriam Hospital Foundation.

Hassenfeld was recognized by multiple organizations for his public service and leadership in corporate responsibility.

 

PHOTO: CC 2.0/Richter Frank-Jurgen

This news obituary was written by GoLocal in conjunction with Chat GPT.