# Skydance Executives Get Pay Bumps Post-Merger

> Skydance executives receive extended contracts with salary and equity boosts after Paramount-Warner Bros. Discovery merger.
- Title: Skydance Executives Get Pay Bumps Post-Merger · TheWrap
- Summary: Skydance executives receive extended contracts with salary and equity boosts after Paramount-Warner Bros. Discovery merger. Skydance's top executives secured…
- Keywords: skydance, paramount, warner bros discovery, david ellison, andy gordon, makan delrahim, dennis cinelli, merger, contract extension, pay bump, entertainment, culture
- Source: TheWrap — https://thewrap.com/industry-news/business/skydance-merger-pay-bumps-david-ellison-contract-extensions
- Author: Lucas Manfredi
- Published: 2026-10-07T21:28:32+00:00
- Read time: 1 min
- Topics: skydance, paramount, warner bros discovery, david ellison, andy gordon, makan delrahim, dennis cinelli, merger, contract extension, pay bump, entertainment, culture
## Skydance Extends Executive Contracts
Skydance has extended employment contracts for CEO David Ellison, President Andy Gordon, Chief Legal Officer Makan Delrahim, and Chief Financial Officer Dennis Cinelli.
## Executives Receive Extended Service Dates
Ellison and Gordon will serve through at least August 7, 2031, Delrahim through October 6, 2031, and Cinelli through January 15, 2032, per SEC filing.
## Base Salaries and Bonus Increases
Ellison's base salary and target annual bonus increased to $5 million each, with Gordon and Delrahim's salaries raised to $4 million and Cinelli's to $3.4 million.
## Restricted Stock Awards
Ellison will receive 104,167 shares of Class B common stock, while Gordon gets 29,167, Delrahim 91,667, and Cinelli 6,042 shares.
## Equity Awards for 2027
Starting in calendar year 2027, executives will receive annual equity awards with aggregate grant date values of $5 million, $1.4 million, $4.4 million, and $1.25 million.
## 2031 Equity Award Increases
By 2031, Ellison's equity award will reach $20 million, Gordon and Delrahim's $13.4 million, and Cinelli's $12.5 million.
## Key takeaway

Skydance's top executives secured contract extensions with increased base salaries, bonuses, and equity awards following the Paramount-Warner Bros. Discovery merger.