Mattel chairman and CEO Ynon Kreiz is joining Paramount to help David Ellison run the company.
Mattel chairman and CEO Ynon Kreiz is joining Paramount to help David Ellison run the company.
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme.
Paramount is appointing a new co-CEO ahead of the close of its
with Warner Bros. Discovery. Ynon Kreiz, previously Mattel’s chairman and CEO, will be joining Paramount to lead alongside chairman and CEO David Ellison.
, “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 combined Paramount and Warner Bros. Discovery will “report jointly” to Ellison and Kreiz.
Kreiz joined Mattel in 2018. While he was leading the company, it launched the
in partnership with Warner Bros. Pictures. His first day at Paramount is October 5th.
in a lawsuit with several states that had been blocking the Warner Bros. Discovery merger,
On Tuesday, Paramount’s streaming chief, Cindy Holland, announced that she would be stepping down, and
that HBO boss Casey Bloys is “poised” to take over both Paramount Plus and HBO.
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