
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 talent relationships, strategic partnerships, technology and capital allocation. Kreiz will focus on the company’s day-to-day management and integration of the combined businesses. » The combined Paramount and Warner Bros. Discovery will « report jointly » to Ellison and Kreiz.
Kreiz …