Variety | Paramount CEO David Ellison’s Pay in 2025 Was $63.2 Million, Former President Jeff Shell Had $60.7 Million in Compensation by Todd Spangler

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Paramount Skydance chairman and CEO David Ellison earned a total 2025 compensation package of $63.2 million—primarily stock that vests over five years—including $58.7 million in sign‑on stock grants, a pro‑rated base salary of $1.41 million, a $1.41 million cash bonus, and $1.69 million in other expenses such as personal security and life‑insurance costs. Former president Jeff Shell, who left the company in April to focus on a breach‑of‑contract lawsuit, received $60.68 million, consisting of comparable salary and bonus figures, the same amount of sign‑on stock (with accelerated vesting under his separation agreement), plus cash equal to his $3.5 million base salary and a $1.5 million target bonus for the year after his departure. Other high‑paid executives disclosed in the SEC filing included chief legal officer Makan Delrahim ($63.58 million), chief strategy officer and COO Andy Gordon ($48.5 million), and Delrahim’s compensation of $844,828 salary, $336,144 bonus and $57.39 million in stock grants. The bulk of each executive’s pay was tied to long‑term equity awards intended to align their interests with Paramount’s ongoing negotiations to acquire Warner Bros. Discovery.

Read more: https://variety.com/2026/film/news/paramount-skydance-david-ellison-jeff-shell-pay-2025-compensation-1236730070/

#Paramount #DavidEllison #Skydance #JeffShell #SEC #RJCipriani #MakanDelrahim #AndyGordon

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Paramount Skydance Discloses 2025 Pay for CEO David Ellison, Former President Jeff Shell

Paramount Skydance disclosed the 2025 compensation for CEO David Ellison and Jeff Shell, who resigned as Paramount's president earlier this month.

Variety

Paramount CEO David Ellison’s Pay in 2025 Was $63.2 Million, Former President Jeff Shell Had $60.7 Million in Compensation

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Paramount Ex-President Jeff Shell’s 2025 Pay Tops $60 Million

Former Paramount President Jeff Shell had a 2025 package worth $61 million. CEO David Ellison's compensation totaled $63 million.

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Paramount CEO David Ellison’s Pay in 2025 Was $63.2 Million, Former President Jeff Shell Had $60.7 Million in Compensation
#Variety #News #DavidEllison #JeffShell #ParamountSkydance

https://variety.com/2026/film/news/paramount-skydance-david-ellison-jeff-shell-pay-2025-compensation-1236730070/

Paramount Skydance Discloses 2025 Pay for CEO David Ellison, Former President Jeff Shell

Paramount Skydance disclosed the 2025 compensation for CEO David Ellison and Jeff Shell, who resigned as Paramount's president earlier this month.

Variety

undefined | Jeff Shell leaves Paramount after allegations of SEC violations; company calls claims 'baseless'

Jeff Shell, the president of Paramount Skydance Corp. (PSKY), is departing his role after a lawsuit alleged that he violated Securities and Exchange Commission rules. Paramount issued a statement saying the accusations are “baseless” and noted that Shell will pursue “forceful legal action” against the claim. The company added that Shell is stepping down from both his presidency and his board seat to focus on defending himself, while thanking him for his many contributions and describing him as a valued advisor.

Shell’s exit comes amid broader uncertainty about his future at Paramount following the studio’s recent acquisition of Warner Bros. Discovery. The merger, which saw Paramount outbid Netflix, will bring many new executives into the combined entity, and Shell was not involved in the deal negotiations, leaving his role undefined. He previously left his position as NBCUniversal CEO in 2023 after admitting to an “inappropriate relationship” with an employee, a controversy that had already placed his leadership under scrutiny.

The lawsuit was filed by whistleblower and gambler R.J. Cipriani, who seeks $150 million, claiming Shell shared confidential information in violation of SEC regulations. Paramount’s statement emphasized that it has found no evidence of any securities‑law breach and reiterated that the claims are unfounded. As the legal battle unfolds, Shell has not responded to requests for comment, and the company says it will continue to focus on PSKY’s success while addressing the allegations.

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#jeffshell #paramount #sec #securitiesandexchangecommission #skydance

All Content from Business Insider | David Ellison's top lieutenant is out at Paramount after a strange legal fight by James Faris

Longtime media executive Jeff Shell is splitting from Paramount after less than two years.Kevin Dietsch/Getty Images

Jeff Shell, Paramount's president, is splitting from the company.The departure comes weeks after a strange lawsuit from professional gambler RJ Cipriani.Shell's exit leaves Paramount CEO David Ellison down a top advisor.David Ellison's right-hand man is leaving Paramount Skydance.

Jeff Shell has stepped down from Paramount, where he'd been president since August 2025, the company said in a statement on Wednesday. As president, Shell helped oversee the company's day-to-day operations.

Read the original article on Business Insider

Read more: https://www.businessinsider.com/david-ellison-lieutenant-jeff-shell-out-at-paramount-rj-cipriani-2026-4

#davidellison #jeffshell #media #paramount #davidellison #jeffshell #skydance

David Ellison's top lieutenant is out at Paramount after a strange legal fight

Jeff Shell is leaving Paramount after an odd lawsuit, leaving Paramount CEO David Ellison without one of his top advisors.

Business Insider

yahoo news | Jeff Shell Officially Out as Paramount’s President

Jeff Shell has officially departed his role as president of Paramount Skydance, ending a tumultuous tenure that began in July 2024 when he was recruited by CEO David Ellison. His exit follows a public legal battle with professional gambler R.J. Cipriani, who alleges that Shell owes him $150 million for crisis‑communications services and claims the executive disclosed confidential Paramount Skydance information, including advance knowledge of the company’s $7.7 billion UFC‑rights deal and concerns that Paramount was overpaying for the pending $111 billion Warner Bros. Discovery acquisition. Shell, who previously left NBCUniversal after an internal probe into an alleged inappropriate relationship, filed a counter‑complaint accusing Cipriani of extortion and defamation.

The lawsuit highlights the high‑stakes environment surrounding Paramount’s planned takeover of Warner Bros. Discovery, a deal still awaiting regulatory approval. In response to the allegations, Paramount hired Gibson Dunn to investigate, and sources indicate Shell was negotiating an exit that might include a short‑term advisory role, though this remains unconfirmed. During his brief time at Paramount Skydance, Shell oversaw day‑to‑day media operations and played a key part in merging Skydance Media with Paramount Global, driving job cuts and cost‑saving measures in preparation for the massive acquisition.

Shell’s departure comes as the media industry faces a tightening job market for senior executives, and Paramount now faces the challenge of filling the vacancy amid an ongoing M&A process that could trigger further layoffs. While Andy Gordon, a former RedBird executive, currently serves as COO and chief strategic officer, his background is in investment banking rather than media, leaving questions about leadership stability. The exit underscores the broader turbulence in the entertainment sector, where major deals and leadership turnovers are reshaping the corporate landscape.

Read more: https://www.yahoo.com/entertainment/movies/articles/jeff-shell-officially-paramount-president-151243184.html?fr=sycsrp_catchall

#jeffshell #paramount #davidellison #warnerbros.discovery #ufc

Jeff Shell Officially Out as Paramount’s President

Jeff Shell is officially departing his role as president of Paramount Skydance. His exit follows a public dispute and messy legal battle with R.J. Cipriani, ...

Yahoo Entertainment

undefined | Jeff Shell to step down as Paramount president after legal battle with gambler by Meg James

Jeff Shell, who was appointed president of Paramount Skydance in August 2025 after David Ellison’s takeover, is expected to leave the company imminently, just eight months into his tenure. Shell joined the firm as part of Ellison’s inner circle that helped assemble the media empire’s recent acquisitions, including the $111 billion purchase of Warner Bros. Discovery. He also sits on Paramount’s board, a position he is slated to vacate alongside his executive role.

Shell’s departure is tied to a high‑profile legal dispute with Las Vegas gambler and self‑styled “fixer” Robert James “R.J.” Cipriani, who sued him in Los Angeles County Superior Court on March 9, alleging fraud, breach of an oral contract and the disclosure of corporate secrets. Cipriani claims he provided “sophisticated, high‑value crisis communications services” and that Shell failed to deliver on a verbal pledge to produce an English‑language version of a Spanish‑language Roku TV music show, seeking $150 million in damages. Shell denied the accusations, filed a counterclaim asserting the men met only twice and that he owes Cipriani nothing, and maintains that Cipriani fabricated the dealings and spread falsehoods to extract a payoff.

The lawsuit resurfaced after Shell’s earlier exit from NBCUniversal in 2023, which followed an internal investigation into an alleged inappropriate relationship with a journalist who subsequently left the company. The Cipriani controversy now threatens Shell’s future at Paramount at a moment when the company is focused on securing regulatory approval for its proposed Warner Bros. Discovery merger, leaving Ellison to consider whether to replace Shell with another seasoned media executive or promote from within Warner Bros. Discovery’s senior ranks.

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#jeffshell #paramount #skydance #warnerbros.discovery #robertjamescipriani

yahoo news | Jeff Shell Out As Paramount President

Jeff Shell has been removed from his position as president of Paramount after weeks of legal disputes and accusations of indiscretion. This marks the second time in three years that Shell has lost a top corporate role, the first being his ouster as NBCUniversal CEO in April 2023 over alleged inappropriate conduct with a CNBC reporter. The latest exit follows a multimillion‑dollar lawsuit that alleged he shared confidential information about major deals, prompting the company to distance itself from the scandal.

The lawsuit, filed by self‑styled pro‑gambler Robert James “RJ” Cipriani, initially sought $150 million in breach‑of‑contract and fraud claims against Shell, his wife, and later expanded to include Paramount’s CEO David Ellison, his father Larry Ellison, and several advisers. Cipriani alleges that Shell disclosed sensitive details about Paramount’s potential acquisitions—specifically a proposed $111 billion bid for Warner Bros., a $7.7 billion UFC deal, and other WBD negotiations—during a February 2 meeting at a Los Angeles entertainment law firm. Shell’s legal team, represented by O’Melveny & Meyers, filed a counterclaim on March 16, while Paramount issued a statement on March 17 calling the suit “frivolous” and asserting there is no factual or legal basis for the allegations.

The fallout for Shell remains uncertain; insiders suggest his severance may be less generous than typical executive exit packages, and he may be offered a reduced production or advisory role. Paramount has declined to comment further, emphasizing its intention to vigorously defend against the claims. The episode underscores the fragile nature of high‑level corporate leadership when confidential deal information is alleged to have been leaked, and it leaves both Shell’s future and the company’s strategic initiatives in a state of limbo.

Read more: https://www.yahoo.com/entertainment/celebrity/articles/jeff-shell-paramount-president-145500407.html?fr=sycsrp_catchall

#jeffshell #paramount #nbcuniversal #robertjamescipriani #warnerbros.

Jeff Shell Out As Paramount President

EXCLUSIVE: For the second time in three years, Jeff Shell has been ousted from a top corporate perch. Back in April 2023, the exec lost his job as...

Yahoo Entertainment
Paramount Details Separation Agreement With Jeff Shell

Paramount Skydance today detailed is separation agreement with former President Jeff Shell.

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