Paramount selects three fresh directors, including a former judge, during ongoing Skydance negotiations
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Gearing up for its colossal $8.4 billion merger with Skydance Media, Paramount Global has tossed its hat in the ring with three hotshot newbies for its board of directors.
These fresh faces hail from various backgrounds, ready to embark on a new chapter with Paramount. Mary Boies, the wise counsel over at Boies Schiller Flexner LLP, takes up one slot. On the other hand, Charles Ryan, the visionary co-founder and general partner of Almaz Capital—a savvy Silicon Valley venture capital firm—claims another. Last but not least, we've got Roanne Sragow Licht, a former justice who's now an adjunct professor at Boston University and Roger Williams University.
These strategic nominations are all about strengthening the board as Paramount dives headfirst into the legal labyrinth and braces for regulatory approval related to the merger. The new board members will go through the voting process during the company's annual shareholder meeting, ironically scheduled for July 2. 🗓️✨️
In their pursuit of regulatory approval for the $8.4 billion merger with Skydance Media, Paramount Global looks to fortify their board of directors, inviting Mary Boies from the finance sector at Boies Schiller Flexner LLP, Charles Ryan from the business sector as co-founder of Almaz Capital, and Roanne Sragow Licht, a former justice and adjunct professor, from both academia and the industry.
