Israeli-American Ynon Kreiz, a cost-cutter, tapped as co-CEO of Paramount-Warner Bros Discovery
Israeli-American executive Ynon Kreiz has been appointed co-CEO of the newly combined Paramount and Warner Bros Discovery corporation. Paramount CEO David Ellison announced the selection of the outgoing Mattel chief to help lead operations as the merger nears completion. Kreiz brings a reputation as a cost-cutter to the role, where he will share leadership responsibilities with Ellison at the newly formed global media enterprise. The appointment marks a major leadership addition for the combined studio operations.
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- ✓ Israeli-American Ynon Kreiz has been tapped as co-CEO of Paramount-Warner Bros Discovery.
- ✓ Paramount CEO David Ellison announced the appointment.
- ✓ Ynon Kreiz is the outgoing chief of Mattel.
What changed
Paramount Skydance and CEO David Ellison officially named outgoing Mattel chief Ynon Kreiz as co-CEO of the anticipated combined Paramount and Warner Bros Discovery company.
Live updates
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Ynon Kreiz Named Co-CEO of Paramount-Warner Bros Discovery
Israeli-American executive Ynon Kreiz has been appointed co-CEO of the newly combined Paramount and Warner Bros Discovery corporation. Paramount CEO David Ellison announced the selection of the outgoing Mattel chief to help lead operations as the merger nears completion. Kreiz brings a reputation as a cost-cutter to the role, where he will share leadership responsibilities with Ellison at the newly formed global media enterprise. The appointment marks a major leadership addition for the combined studio operations.
Why it matters
The appointment arrives as Paramount prepares to finalize its acquisition and integration with Warner Bros Discovery. David Ellison sought out an experienced operator with the firepower to help build a next-generation global media company. Kreiz steps into the co-leadership post following his tenure running Mattel.
What is confirmed
- Israeli-American Ynon Kreiz has been tapped as co-CEO of Paramount-Warner Bros Discovery.
- Paramount CEO David Ellison announced the appointment.
- Ynon Kreiz is the outgoing chief of Mattel.
What to watch next
- The official closing and finalization of the Paramount and Warner Bros Discovery merger.
- Further announcements regarding executive leadership structures and operational integration under Ellison and Kreiz.
confidence 100%Sources used for this update (9)
- CNN — Who is Ynon Kreiz, the new co-CEO of the combined Paramount-Warner Bro. company?
- nytimes.com — Mattel Chief Named Co-C.E.O. of Combined Paramount and Warner Bros.
- The Times of Israel — Israeli-American Ynon Kreiz, a cost-cutter, tapped as co-CEO of Paramount-Warner Bros Discovery
- deadline.com — Ynon Kreiz Named Co-CEO Of Paramount Alongside David Ellison
- The Jerusalem Post — Israeli businessman appointed to lead operations amid Paramount-Warner merger
- cnbc.com — David Ellison just brought in a co-CEO to run his new empire: Meet Ynon Kreiz
- www.cnbc.com — David Ellison names Ynon Kreiz co-CEO of Paramount-WBD - CNBC
- www.prnewswire.com — CHAIRMAN AND CEO DAVID ELLISON ANNOUNCES YNON KREIZ CO-CEO OF ...
- www.paramount.com — CHAIRMAN AND CEO DAVID ELLISON ANNOUNCES YNON KREIZ CO-CEO OF ...
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