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EQUIPThe Verge · 1h ago

The new and huger Paramount has a new co-CEO

Executive Brief

The 30-second read

Paramount has appointed former Mattel CEO Ynon Kreiz as co-CEO ahead of its $110 billion merger with Warner Bros. Discovery. Kreiz will partner with David Ellison to manage the integrated entity's operational scale and creative strategy.

  • 01Ynon Kreiz joins David Ellison to lead the combined media organization as co-CEO
  • 02The leadership appointment precedes the formal closure of the 110 billion dollar merger
  • 03Ellison will retain primary focus on long-term strategy and creative direction
  • 04Kreiz brings executive experience from his previous tenure as Mattel chairman and CEO

AI-generated summary · Verify at source

Paramount is appointing a new co-CEO ahead of the close of its $110 billion merger with Warner Bros. Discovery. Ynon Kreiz, previously Mattel's chairman and CEO, will be joining Paramount to lead alongside chairman and CEO David Ellison. According to Paramount, "Ellison will focus on the company's long-term strategy, creative vision and direction, including its […]