Overview

• An 8-K filing confirms Cinelli joins as an independent director and takes a seat on the audit committee, replacing Sherry Lansing.
• The appointment expands Paramount’s board to 11 directors, effective immediately.
• Cinelli is eligible for the non-employee director compensation program, including a pro-rated grant of 17,989 restricted stock units.
• The filing reports no transactions over $120,000 in which Cinelli has a direct or indirect material interest.
• Currently CFO at Scale AI, Cinelli previously led major financings at the company and held senior roles at Uber and GE Ventures.