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8h ago

Paramount CFO Naveen Chopra to Depart Ahead of Skydance Merger

Andrew Warren will oversee finance during the pending regulatory review of Skydance Media’s takeover bid.

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The Roblox logo is displayed on a banner, to celebrate the company's IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid/File photo
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Overview

  • Naveen Chopra will step down on June 27 to pursue other opportunities.
  • Andrew Warren, former Discovery Communications CFO and strategic advisor to Paramount’s co-CEOs, has been appointed executive vice president and interim CFO.
  • The Skydance-Paramount merger remains under regulatory scrutiny and could trigger additional leadership changes upon approval.
  • Recent departures of Wendy McMahon and Bill Owens reflect ongoing executive turnover as the company prepares for its potential acquisition.
  • Skydance plans to position former NBCUniversal CEO Jeff Shell as president of the combined company once the deal closes.