Archive · 6 Aug 2025
Skydance Announces Paramount Board Designees After Merger
Imagine a big company, Paramount, is joining forces with another company called Skydance.
They're forming a new team to run things.
This team is called the board of directors.
Skydance chose the people who will be on this new board.
The board will include important people like Sherry Lansing, who used to be the boss of Paramount.
Other important people like the CEO of Oracle, a big technology company, will also join.
These people will help make big decisions for the new combined company, hoping to make it successful.
When the merger is done, the current team in charge will step aside.
Skydance Media announced the director designees for the new Paramount Skydance board.
Sherry Lansing, former Paramount Pictures CEO, will be an independent director.
Oracle CEO Safra Catz and others from media, technology, and finance will join.
The board will consist of 10 members, with the largest shareholders being the majority.
The current Paramount Global directors will step down upon the merger's completion.
- Who
- David Ellison's Skydance Media.
- What
- Skydance unveiled the board of director designees for the new Paramount Skydance.
- When
- The board will begin serving upon the closing of the proposed merger.
- Where
- N/A
- Why
- To build Paramount into a next generation media company and create long-term value.
- New Board Size
- 10 members
- Independent Directors
- Sherry Lansing, Barbara Byrne, Justin G. Hamill
- Oracle CEO
- Safra Catz
- Future Chairman & CEO
- David Ellison
- Former Paramount CEO
- Sherry Lansing
