ECONOMY

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

Paramount CEO David Ellison announced that Ynon Kreiz, the outgoing chief executive of Mattel, will serve as co-CEO of the anticipated combination of Paramount and Warner Bros. Discovery. The announcement concerns leadership for the proposed combination, while the supplied information does not provide additional details about its timing, structure or approval status.

Paramount CEO David Ellison announced that Ynon Kreiz will serve as co-CEO of the anticipated combination of Paramount and Warner Bros. Discovery.

Kreiz is identified as the outgoing chief executive of Mattel. The announcement places him in a planned leadership role alongside Ellison for the anticipated combination.

The supplied information does not provide further details about the proposed combination, including its timing, structure, approval status or the responsibilities assigned to each co-CEO.

THE QUESTIONS THIS EVENT LEAVES BEHIND

What conditions must be met before the anticipated combination can proceed?

How would co-CEO responsibilities be divided between Ellison and Kreiz?

What incentives could influence the leadership structure of the anticipated combination?

How might employees and existing executives be affected by the proposed combination?

What would happen if the anticipated combination does not receive the required approvals?

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2 October 2026 · 03:56 · 1 sources

Sources

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