# Paramount-WBD Mergers Add Co-CEO

> Paramount CEO David Ellison appoints Ynon Kreiz as co-CEO for merged company.
- Title: Paramount-WBD Mergers Add Co-CEO · Adweek | Shortify
- Summary: Paramount CEO David Ellison appoints Ynon Kreiz as co-CEO for merged company. Paramount and Warner Bros. Discovery merge, with David Ellison and Ynon Kreiz…
- Keywords: paramount, wbd, david ellison, yonon kreiz, co-ceo, merger, paramount plus, hbo, Paramount-WBD, Mergers, Add, Adweek
- Source: Adweek — https://adweek.com/convergent-tv/c-suite-shocker-david-ellison-adds-a-co-ceo-for-merged-paramount-wbd
- Author: Bill Bradley
- Published: 2026-09-30T20:47:20+00:00
- Read time: 1 min
- Topics: paramount, wbd, david ellison, yonon kreiz, co-ceo, merger, paramount plus, hbo
## Merged Company Announces Co-CEO
Paramount and Warner Bros. Discovery may complete their $110 billion merger, with David Ellison appointing Ynon Kreiz as co-CEO effective at closing.
## Ynon Kreiz Joins as Co-CEO
Ynon Kreiz, who stepped down as Mattel CEO after eight years, will start at Paramount on October fifth, focusing on day-to-day management.
## David Ellison's Role
David Ellison will remain chairman and CEO, focusing on long-term strategy, talent relationships, strategic partnerships, technology, and capital allocation.
## Kreiz's Focus Areas
Ynon Kreiz will handle day-to-day management, including business transformation and brand-centric strategy from his previous role at Mattel.
## Ellison's Statement
Ellison stated that combining Paramount and Warner Bros. Discovery creates a next-generation global media company requiring strategic vision, operational depth, and public company experience.
## Netflix Comparison
The co-CEO strategy mirrors Netflix's dual CEO structure, which was previously in line to merge with WBD before its deal collapsed.
## Key takeaway

Paramount and Warner Bros. Discovery merge, with David Ellison and Ynon Kreiz co-leading the combined entity.