Updated
Updated · Variety · Oct 2
Ynon Kreiz to Receive Over $46.5 Million at Paramount-WBD as $111 Billion Merger Nears Close
Updated
Updated · Variety · Oct 2

Ynon Kreiz to Receive Over $46.5 Million at Paramount-WBD as $111 Billion Merger Nears Close

3 articles · Updated · Variety · Oct 2

Summary

  • $46.5 million-plus in first-year compensation will go to Ynon Kreiz after he signed a five-year contract to serve as co-CEO of the merged Paramount-Warner Bros. Discovery.
  • $31.5 million of that package comes from a one-time fully vested RSU signing award; Kreiz also gets a $5 million base salary, a bonus targeted at $4.9 million and 1.25 million Class B shares.
  • Oct. 5 is Kreiz’s start date, one day before Paramount is scheduled to close its $111 billion merger with Warner Bros. Discovery.
  • $15.1 million was Kreiz’s total 2025 pay as Mattel CEO, underscoring the sharp jump tied to his move into the combined media group.

Insights

Will a massive $46.5 million payday be enough to solve the high-stakes integration nightmare of Paramount-WBD?
After leaving a struggling Mattel, is Ynon Kreiz truly equipped to execute a ruthless $6 billion synergy target?