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David Ellison names Ynon Kreiz co-CEO of new media empire

Original: David Ellison just brought in a co-CEO to run his new empire: Meet Ynon Kreiz

David Ellison, who took control of the newly merged Paramount with backing from his father Larry Ellison's fortune, has appointed Ynon Kreiz as co-CEO. Kreiz, previously the executive who revitalised toymaker Mattel, will share leadership of the combined company as Ellison consolidates his media empire and seeks experienced entertainment management.

Why now: The appointment is a major leadership move at the newly merged Paramount, drawing attention to how Ellison will run the expanded media company.

David EllisonYnon KreizParamountMattel

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• David Ellison just brought in a co-CEO to run his new empire: Meet Ynon Kreiz · CNBC

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