Skydance Announces David Ellison Will Continue To Serve As Chairman And Chief Executive Officer

Skydance Corporation (NYSE:SKYD) ("Skydance") today announced the director and advisor designees for the newly combined company, formed through Paramount's merger with Warner Bros. Discovery, Inc. (NASDAQ:WBD). The designees will join the Skydance Board of Directors, effective immediately.

David Ellison will chair the Board and continue to serve as Skydance's Chairman and Chief Executive Officer. The Board will include all current members of Paramount's Board, along with three new additions: Ynon Kreiz, Co-Chief Executive Officer of Skydance, Laurene Powell Jobs, founder and president of Emerson Collective; and Bobby Kotick, founder and former Chief Executive Officer of Activision. Powell Jobs and Kotick will join as Independent Directors.