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Ynon Kreiz, Co-CEO of Paramount, Salary and Pay Package Worth $46.5M
variety.com • • business
Key Points:
- Ynon Kreiz, soon to be David Ellison’s right-hand man at the merged Paramount-Warner Bros. Discovery, has secured a five-year contract starting October 5, coinciding with the $111 billion merger closing.
- Kreiz’s first-year compensation at Paramount-WBD will exceed $46.5 million, including a $31.5 million one-time signing award in restricted stock units, significantly higher than his $15.1 million total pay at Mattel in 2025.
- His package includes a $5 million base salary, a targeted $4.9 million annual bonus, 1.25 million shares of Class B Common Stock pre-closing, and up to $5.1 million in RSUs granted shortly after the merger closes.
- On his employment anniversary, Kreiz will receive an annual equity award valued at $20.1 million, with most stock awards vesting quarterly over three years, contingent on continued employment.
