Skydance Media announces slate of board designees for Paramount

Skydance Media announced the full slate of director designees for Paramount (PARA) Skydance Corporation. The directors will be elected and begin serving on the Paramount Board effective at the closing of the proposed merger with Paramount Global. The Paramount Board will consist of 10 directors, including three independent directors. The new Board comprises a preeminent group of leaders from across the media, technology, and finance sectors, bringing unmatched expertise and invaluable perspective on the complex intersection of geopolitics, economics, and global business strategy to help build Paramount into a next generation media company. The majority of the board is comprised of the largest shareholders of the company, further underscoring the deep commitment to building long-term value for all stakeholders. Director-designees are as follows: David Ellison, Future Chairman and Chief Executive Officer, Paramount; Barbara Byrne, Former Vice Chairman of Barclays; Gerry Cardinale, Founder, Managing Partner, and Chief Investment Officer, RedBird Capital Partners; Safra A. Catz, CEO, Oracle Corporation; Andy Gordon, Future Chief Strategy Officer and Chief Operating Officer, Paramount; Justin G. Hamill, Managing Director and Chief Legal Officer, Silver Lake; Sherry Lansing, Former Chairman and CEO of Paramount Pictures; Paul Marinelli, President, Lawrence Investments; Jeff Shell, Future President, Paramount; John L. Thornton, Chairman of RedBird Capital Partners. The current Paramount Global directors will step down upon the close of the combination.