Skydance Finalizes Finance Leadership Following Merger
David Ellison and co-CEO Ynon Kreiz initially shared their post-merger executive leadership team at the beginning of the month The post Skydance Finalizes Finance Leadership Following Merger appeared first on TheWrap .
Skydance Corp. has appointed its finance leadership team following the completion of the Paramount-Warner Bros. Discovery merger. David Ellison and Ynon Kreiz, co-CEOs, announced their executive team in early October, detailing leadership across corporate, business, and news operations on Wednesday. Skydance CFO Dennis Cinelli stated, "We’ll only get there if Finance operates at the highest level and helps drive the business."
The company's finance leadership includes Kevin Creighton, EVP of Corporate Finance & Treasury, who will lead an expanded organization encompassing Corporate Finance, Treasury, Strategic Finance, FP&A, and Content Finance & Strategy Centers of Excellence. Other notable appointments include Fraser Woodford, EVP of Treasury, and Todd Davis, EVP of Global Tax, among others.
Business unit CFOs have been appointed to lead finance for various business units, including film, distribution, global content sales, CNN news, TV studios, advertising, consumer products, publishing, games, experiences, streaming, and Skydance TV Segment. The new finance leadership aims to achieve over $6 billion in cost savings, which may include layoffs. Additionally, Ellison and Kreiz announced a voluntary buyout program for eligible employees.
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