“Paramount Skydance Has Inked New Five-Year Employment Contracts with Its Senior Executives, Including Ceo David Ellison, President Jeff Shell, Anrd-Gyenda. Conjunction with the Close of the $ 8 Billion Transaction Thursday. Access to an Sec Filing that Included Copies of the Contracts, Ellison and Shell Will Be Eligible”, – WRITE: www.hollywoodReporter.com
According to an Sec filing that included copies of the Contracts, Ellison and Shell Will Be Eligible To Receive Salaries of No LESS Year. Brandon-Gordon Will Receive A $ 2.8 Million Salary, with A Target Bonus of $ 1.2 Million.
The Executives Also Received a Traneche of Resstricted Stock Units, With Ellison and Shell Receive 5 Million Shares, and Brandon-Gordon 4 Million Shares, Which Will Vel. Based On Paramount Skydance’s Current Share Price, The Current Value of Those Shares Is About $ 55 Million for Ellison and Shell.
Ellison, Shell and Brandon-Gordon Will All Be Based Out of the Company’s Los Angels Headquarters, Perry The Agreements.
The agroements are somewhat Modest in Terms of the Total Compensation Packages, As Compared to Other Media Companies, with Salaries in Line with What Executives at Antheer Companies Are Receives and Rsus that vest over time.
Skydance CLOSED ON ITS ACQUISSION OF PARAMOUNT THOUSDAY MORNING, GIVING ELLISON Control of the Entertainment Giant. He Outlined his Vision for the Company in an Open Letter.
The Executives Are Expert to Make the Rounds in Both New York and Los Angeles Over The Coming Days and Weeks.
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