Skydance Sets Finance Leadership Team Following Paramount-Warner Bros. Merger
Skydance Corp., the new company formed from David Ellison’s massive Paramount-Warner Bros. Discovery merger, has established the leadership team overseeing financial operations across the business. Ellison and Ynon Kreiz, co-CEO of Skydance, previously announced the senior leadership team for the new company (a day before the deal officially closed). Since then, different business units and […]
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.
Written by urgent.news from TheWrap's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
