Funko welcomes Cynthia Williams as CEO

Funko has appointed Cynthia Williams as its Chief Executive Officer, effective May 20th, 2024.

Williams boasts nearly two decades of senior leadership experience across the consumer products, gaming and e-commerce industries and most recently served as president of Hasbro’s Wizards of the Coast and Hasbro Gaming division.

Prior to that, Williams spent several years at Microsoft, most recently as General Manager and Vice President, Gaming Ecosystem Commercial Team, where she drove the significant expansion of Xbox Gaming. Earlier, Williams was a senior executive at Amazon for over a decade.

Michael Lunsford will remain the company’s Interim CEO until Williams joins the company in May.

“We thank Mike for his many contributions,” said Charles Denson, Funko’s Chairman.

“Under his leadership, Funko has refocused its business on core assets, lowered its debt levels and substantially improved margins. With Funko now on a solid foundation, Cynthia will come in and drive the company to the next phase of growth and profitability. I know Cynthia is the right choice to lead Funko going forward and we know Mike and Cynthia together will ensure a seamless transition for all our stakeholders.”

Williams added: “I am honoured to lead Funko, a company celebrated for its history of creativity and innovation on behalf of a passionate fan base.

“Funko has built a portfolio of valuable global brands, and I am energised about this unique opportunity to help Funko fully realise its potential. My extensive experience with the devoted fans of Dungeons & Dragons, Magic: The Gathering, and Xbox will be highly beneficial in developing products that continue to appeal to Funko’s passionate fans, both core fans and collectors.

“I’m eager to work with the Board, management team and our employees around the world to further strengthen our brands and deliver value to our stockholders.”