# David Ellison Names Ynon Kreiz as Paramount-Warner Co-CEO

> David Ellison appoints Mattel’s Ynon Kreiz as co-CEO of merged Paramount-Warner Bros.
- Title: David Ellison Names Ynon Kreiz as Paramount-Warner Co-CEO
- Summary: David Ellison appoints Mattel’s Ynon Kreiz as co-CEO of merged Paramount-Warner Bros. David Ellison named Mattel’s Ynon Kreiz co-CEO of the merged…
- Keywords: david ellison, ynon kreiz, paramount, warner bros, merger, co-ceo, business, finance, David, Ellison, Names, Ynon
- Source: Variety — https://variety.com/2026/film/news/paramount-david-ellison-ynon-kreiz-co-ceo-mattel-1236893607
- Author: Todd Spangler
- Published: 2026-09-30T20:13:33+00:00
- Read time: 1 min
- Topics: david ellison, ynon kreiz, paramount, warner bros, merger, co-ceo, business, finance
## New Paramount-Warner Leadership
David Ellison will lead strategy, creative and technology functions as Paramount’s chairman and CEO.
## Ynon Kreiz Joins Paramount
Ynon Kreiz, stepping down as Mattel CEO after eight years, will join Paramount as co-CEO.
## Merged Company Structure
The merged company will report jointly to both Ellison and Kreiz for day-to-day operations and integration.
## Pay Package Details
Kreiz’s pay package as co-CEO will exceed $46.5 million, per Paramount’s announcement.
## Merger Timeline
Paramount expects to close the merger with Warner Bros. Discovery on October sixth.
## Key takeaway

David Ellison named Mattel’s Ynon Kreiz co-CEO of the merged Paramount-Warner Bros. company after the merger closes on Oct. 6.