Kreiz to become co-CEO of Paramount and WBD - CNBC
Ynon Kreiz, the outgoing CEO of Mattel, is set to become the co-CEO of the combined entity of Paramount and Warner Bros. Discovery. He will oversee operational management and business integration, while David Ellison will focus on long-term strategy and creative vision.
Why it matters
This leadership appointment is a critical step in the consolidation of major media conglomerates, signaling a shift in corporate governance for the entertainment industry.
--> Ynon Kreiz, who is leaving his position as CEO of Mattel, will become co-CEO of the expected combination of Paramount and Warner Bros. Discovery. Paramount CEO and Chairman David Ellison announced this on September 30, CNBC Top News reports.
Also covering this story
4 other newsrooms covered this event. We read each version separately.
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David Ellison Taps Mattel's Ynon Kreiz to Be Co-CEO of Merged Paramount-Warner Bros.
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