Home › Business & Finance › David Ellison names Ynon Kreiz co-CEO of Paramount and...
Business & Finance

David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

Key Points

Jakub Porzycki | Nurphoto | Getty Images Paramount Skydance CEO David Ellison announced on Wednesday the appointment of outgoing Mattel Chief Executive Officer Ynon Kreiz as his co-CEO of the anticipated combination of Paramount and Warner Bros. Discovery. Kreiz will take on operational duties of the media company, according to a press release. "Ellison will focus on the company's long-term strategy, creative vision and direction, including its talent relationships, strategic partnerships,...

Jakub Porzycki | Nurphoto | Getty Images Paramount Skydance CEO David Ellison announced on Wednesday the appointment of outgoing Mattel Chief Executive Officer Ynon Kreiz as his co-CEO of the anticipated combination of Paramount and Warner Bros. Discovery. Kreiz will take on operational duties of the media company, according to a press release. "Ellison will focus on the company's long-term strategy, creative vision and direction, including its talent relationships, strategic partnerships, technology and capital allocation," Paramount stated in the release. "Kreiz will focus on the company's day-to-day management and integration of the combined businesses." This story is developing. Please check back for updates.
David Ellison (PERSON) Ynon Kreiz (PERSON) Paramount (ORG) Warner Bros. (ORG) Jakub Porzycki (PERSON) Getty Images Paramount Skydance (ORG) Mattel (ORG) Warner Bros. Discovery (ORG) Kreiz (ORG) Ellison (PERSON)
Originally published by CNBC Read original →