Ynon Kreiz to join David Ellison as co-CEO when Paramount-Warner merger closes

Paramount named Mattel chief Ynon Kreiz as future co-CEO of the combined company and said the merger is expected to close October 6, subject to conditions.

Paramount Skydance has named Mattel chairman and chief executive Ynon Kreiz as co-CEO of the anticipated combined company formed with Warner Bros. Discovery. The appointment takes effect at closing; David Ellison will remain chairman and CEO. Paramount says Kreiz is expected to start at the company on October 5, while

a separate joint notice puts the merger's anticipated close on October 6, subject to customary closing conditions. The companies describe a split in responsibilities: Ellison will lead long-term strategy, creative direction, technology and capital allocation, while Kreiz will oversee day-to-day operations and

integration. Kreiz has led Mattel since 2018 and previously headed Maker Studios, Endemol and Fox Kids Europe. His Mattel tenure included expansion into film, television, games, publishing and live experiences. The transaction remains pending until it actually closes; the October 6 date is an expectation, not a

completed merger. If completed, the combined group would bring Paramount and Warner Bros. Discovery's studios, networks and streaming services under one corporate umbrella. Read Paramount's leadership announcement and the joint anticipated-close notice. Headline image: Paramount Skydance official corporate logo

(source: Paramount.com); via Wikimedia Commons.. Official or creator promotional artwork.

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