Paramount names Mattel’s Ynon Kreiz co-CEO ahead of WBD merger
Filed with the SEC on · Summarized by InvestorsBot
Paramount Skydance said Ynon Kreiz will become co-CEO of the combined company when its Warner Bros. Discovery merger closes; he will start at Paramount on October 5, 2026, while David Ellison remains chairman and CEO. Paramount and WBD expect the merger to close October 6, subject to customary conditions, with WBD shareholders receiving $31.01666668 per share if it closes on that date; the companies also project more than $6 billion in run-rate synergies.