Ellison and Kreiz Unveil CEO Leadership Team for Skydance Ahead of Warner Bros. Discovery Deal Close

PR Newswire··US·Read original
3▲0 ▼0Impact / 5
Summary · why it matters

Paramount Skydance Corporation Chairman and CEO David Ellison and Co-CEO Ynon Kreiz announced the CEO Leadership Team expected to lead the combined company, to be named Skydance, following the anticipated close of Paramount's acquisition of Warner Bros. Discovery. The team draws leaders from both companies and each member will report directly to the CEOs. Ellison will focus on long-term strategy, creative vision and direction, including talent relationships, strategic partnerships, technology and capital allocation, while Kreiz will focus on day-to-day management and integration of the combined business. Andy Gordon, President of Skydance, will work closely with both, and all three will serve on the Board of Directors, with Ellison as Chairman. The corporate leadership team includes Dennis Cinelli as Chief Financial Officer, Makan Delrahim as Chief Legal Officer and President of Global Corporate Affairs, Dane Glasgow as Chief Product Officer, Rebecca Mall as Chief Marketing Officer and Melissa Zukerman as Chief Communications Officer. The business leadership team includes Casey Bloys and George Cheeks as Co-Chairs and Chief Content Officers of Skydance DTC and Skydance TV respectively, Dana Goldberg and Josh Greenstein as Co-Chairs of the Skydance Motion Picture Group, James Gunn and Peter Safran as Co-Chairmen of DC Studios, and JB Perrette as Co-Chair and Chief Business Officer of both Skydance TV and Skydance DTC. Mark Thompson will serve as Chairman and Editor-in-Chief of CNN Worldwide and Bari Weiss as Editor-in-Chief of CBS News. A complete list of the Company's new Executive Leadership Team will be issued soon after close.

Impact on assets 2

Communication Services▲ · 2 stocks
Paramount Skydance Corporation
PSKY
± Mixedrelevance

Announces CEO leadership team for the combined Skydance entity ahead of the Warner Bros. Discovery deal close; no financial or operational impact stated.

Warner Bros Discovery Inc
WBD
± Mixedrelevance

Mentioned as the target of Paramount's anticipated acquisition, with leaders drawn from both companies; no new deal terms or financial impact.

Off-coverage companies 1

CNN WorldwidePrivate± Mixed
relevance

Only noted that Mark Thompson will serve as Chairman and Editor-in-Chief of CNN Worldwide; no substantive development.

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