Ynon Kreiz Moves From Mattel's Top Job to Paramount Leadership

Ynon Kreiz, who has led Mattel as chief executive for eight years and is leaving that post, will take a senior position at Paramount under David Ellison, Variety reports. Paramount is close to completing its merger with Warner Bros. Discovery, and Kreiz's role will be at the combined company. The report does not give his title or a start date. For Beverly Hills readers who follow the entertainment business, the appointment brings the head of a major toy company into the leadership of one of the industry's largest studio combinations.

With reporting from Variety.