Former Mattel CEO Ynon Kreiz, who was tapped Wednesday as co-CEO of the soon-to-merge Paramount and Warner Bros Discovery, will collect at least $35.1 million a year by 2027.
In an SEC filing Thursday, Paramount laid out terms of the new exec’s five-year contract and said its board of directors approved the appointment of Kreiz on Sunday. His exit from Mattel was announced Wednesday morning, with Paramount revealing his new post later in the day.
After a lengthy legal challenge by 12 state attorneys general and the Writers Guild of America put it in limbo for two months, the
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