PSKY Appoints Ynon Kreiz Co-CEO, Board Member Effective October 5; Annual Salary $3.5M Pre-Acquisition
· The NYC Memo
Paramount Skydance Corporation appointed Ynon Kreiz as Co-Chief Executive Officer and a Board member, effective October 5, 2026. Mr. Kreiz will receive an initial annual base salary of $3,500,000, increasing to $5,000,000 upon the Warner Bros. Discovery acquisition closing, and a fully-vested Signing Award of 2,625,000 Class B Common Stock shares.
The company announced the Warner Bros. Discovery acquisition closing is expected on October 6, 2026, with WBD common stock converting to $31.01666668 per share.