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2026-10-01MGMT CHANGE

Paramount Skydance Corp [PSKY] - appoints Ynon Kreiz as Co-CEO

Effective October 5, 2026, Ynon Kreiz has been appointed as Co-Chief Executive Officer and member of the Board of Paramount Skydance Corp, while David Ellison will continue as the sole principal executive officer.

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Why this matters

Paramount Skydance Corp, a leading global play and family entertainment company known for iconic brands like Barbie and Hot Wheels, has appointed Ynon Kreiz as Co-Chief Executive Officer effective October 5, 2026. This appointment follows a strategic plan by David Ellison, the current Chairman and CEO, to merge Paramount with Warner Bros. Discovery and integrate the businesses under a unified leadership team. Kreiz, who joins from Mattel where he led a significant transformation, will focus on day-to-day management and integration, while Ellison will concentrate on long-term strategy and creative vision.