Ynon Kreiz, the former CEO of Mattel, joins as co-CEO to manage day-to-day operations and integration, with a target of finding $6 billion in synergies. His pay package is valued at more than $46.5 million, including base salary and signing equity awards. Ownership of the combined firm includes a 38.5% stake held by Saudi Arabia, Qatar, and Abu Dhabi, which the FCC may allow to rise to 49.5%. A federal judge recently approved the merger's consent decree to resolve antitrust concerns.
Tuesday, October 20, 2026
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Ellison and Kreiz Name Leadership Team for Skydance Before Oct 6 Close
Business15 days ago
The executive management team for the newly merged media giant Skydance has been unveiled as the company nears its final closing date. David Ellison and co-CEO Ynon Kreiz introduced the group of creators and operators who will lead the organization following the acquisition of Warner Bros. Discovery by Paramount. The combined entity is scheduled to close on Oct 6 and will begin trading on the New York Stock Exchange under the ticker SKYD.
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