David Ellison has introduced Ynon Kreiz as the new co-CEO of Paramount, as the company prepares for a big merger with Warner Bros. Discovery. Kreiz was previously the CEO of Mattel, where he worked on turning toys like Barbie into successful movies. In a memo to employees, Ellison expressed his excitement about Kreiz joining the team, stating that their skills complement each other and they share a vision for the future of the company. Ellison will focus on creative and tech strategies, while Kreiz will handle daily operations and integration of the merger. Kreiz has a strong background in entertainment, having led other companies like Maker Studios and Endemol Group. Ellison emphasized that Kreiz cares deeply about creativity and is a proven leader, making him a valuable addition to the team as they move forward.
Don't miss out on breaking stories and in-depth articles.