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Paramount Appoints Ynon Kreiz as Co-CEO Ahead of Merger

Paramount has appointed Ynon Kreiz as co-CEO, effective before its merger with Warner Bros. Discovery, valued at $110 billion. Kreiz will manage day-to-day operations while David Ellison will oversee long-term strategy and creative direction.

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Paramount Warner Bros. Discovery Mattel
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Ynon Kreiz David Ellison

<figure> <img alt="" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/09/gettyimages-2279296662.jpg?quality=90&amp;strip=all&amp;crop=0,0,100,100" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">Paramount has appointed Ynon Kreiz as co-CEO in advance of its $110 billion merger with Warner Bros. Discovery. Kreiz, who previously served as chairman and CEO of Mattel, will work alongside Paramount's chairman and CEO David Ellison.</p> <p class="wp-block-paragraph">According to Paramount, "Ellison will focus on the company's long-term strategy, creative vision and direction, including its talent relationships, strategic partnerships, technology and capital allocation. Kreiz will focus on the company's day-to-day management and integration of the combined businesses." The merged entity will report jointly to Ellison and Kreiz.</p> <p class="wp-block-paragraph">Kreiz …</p> <p><a href="https://www.theverge.com/news/1003037/paramount-david-ellison-co-ceo-ynon-kriez">Read the full story at The Verge.</a></p>

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The new and huger Paramount has a new co-CEO

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Paramount Appoints Ynon Kreiz as Co-CEO Ahead of Merger