Who Is Ynon Kreiz, the New Co-CEO of the Combined Paramount-Warner Bros. Company?
- On Wednesday, Paramount CEO David Ellison announced Mattel CEO Ynon Kreiz will join as co-CEO on Monday, October 5, as the $110 billion merger with Warner Bros. Discovery nears completion.
- Kreiz steps down as chairman and CEO of Mattel today after eight years, with Conde Nast CEO Roger Lynch appointed to succeed him at the toy company.
- Ellison will focus on long-term strategy and creative vision, while Kreiz will oversee day-to-day management and integration, described as "a division of labor built on our complementary strengths, with clear reporting lines."
- Alongside the co-CEO announcement, Paramount+ head Cindy Holland is departing on Tuesday, and HBO CEO Casey Bloys will assume oversight of the combined Paramount-Warner Bros. Discovery streaming business.
- The merger remains subject to Judge Araceli Martinez-Olguin's approval of a legal settlement with 12 state attorneys general, and the combined entity must address a $52 billion debt pile.
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96 Articles
Israeli-Born Mattel Chief Ynon Kreiz Named Co-CEO Of $110 Billion Paramount-Warner Bros. Merger
NEW YORK (VINnews) — Ynon Kreiz, the Israeli-born executive who led Mattel through the blockbuster “Barbie” film, will become co-CEO of the company formed by Paramount’s roughly $110 billion takeover of Warner Bros. Discovery. Paramount Chairman and CEO David Ellison announced the appointment Wednesday, shortly after a federal judge approved a settlement that removes the […]
Analysis: David Ellison's appointment of Kreiz brings cost-cutter to Paramount-Warner Bros Discovery
David Ellison's choice of Mattel CEO Ynon Kreiz as his co-captain at the new Paramount-Warner Bros Discovery signals what the media behemoth will care about most: running a lean, cost-efficient business that can pump more money out of its storied franchises.
Analysis-David Ellison’s appointment of Kreiz brings cost-cutter to Paramount-Warner Bros Discovery
By Deborah Mary Sophia and Neil J Kanatt Oct 1 (Reuters) - David Ellison's choice of Mattel CEO Ynon Kreiz as his co-captain at the new Paramount-Warner Bros Discovery signals what the media behemoth will care about most: running a lean, cost-efficient...
Paramount’s new co-CEO once hired a barista he met at a cafe with no resume. His advice to Gen Z: ‘Look up and make eye contact'
Billionaire-heir David Ellison tapped Mattel’s Ynon Kreiz as his No. 2 at Paramount after decades of betting on unconventional ideas, including Barbie and a barista.
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