Mattel CEO Ynon Kreiz steps down after eight years at the toy company, and multiple outlets report he is in discussions about taking a high-level role at the merged Paramount–Warner Bros. Discovery organization. Mattel announces the transition as part of a succession process, with Roger Lynch taking over as top executive.
Variety and Deadline both say Kreiz has talked with Paramount CEO David Ellison about joining the combined media company in a senior management capacity, according to industry sources. The reports describe different possible titles, with the Post adding that his role could be either president or co-CEO, while other outlets frame it more generally as a top executive position.
The outlets also situate the discussions in the context of the companies’ mega-merger, which is nearing completion. While all accounts agree Kreiz is stepping down and that talks with Ellison are underway, they do not provide confirmation of the exact job title or timing of any final appointment.
