Report
David Ellison taps Mattel’s Ynon Kreiz as co-CEO of combined Paramount–Warner Bros. Discovery
Puck reports Condé Nast CEO Roger Lynch will take Kreiz’s job at Mattel, while Kreiz will have $6 billion in synergies to find.
TLDR
Puck reports Ellison announced Kreiz’s appointment after a judge approved a consent decree for the merger. Kreiz has led Mattel for eight years and arrives with a reputation for cost-cutting. Condé Nast CEO Roger Lynch will take the Mattel job, leaving Condé Nast to find a new leader.
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