Paramount Skydance Corporation announced on January 14, 2026 that Dennis K. Cinelli will become chief financial officer, effective January 15. Cinelli succeeds Andrew C. Warren, who has served as interim CFO since June 2025 and will remain on the board as a strategic advisor. The appointment comes as the company finalizes its merger with Skydance Media and rolls out a new streaming strategy for Paramount+.
Cinelli brings a decade of experience in high‑growth technology firms, most recently as chief financial officer at Uber and as a senior finance executive at Scale AI. He has overseen multiple public‑market transactions, including Uber’s IPO and several rounds of venture funding, and has led large‑scale capital‑raising initiatives that have supported rapid expansion. His promotion from the board to the CFO role signals Paramount Skydance’s intent to embed deep financial expertise that can navigate the complexities of a $8 billion merger and the company’s aggressive push for a Warner Bros. Discovery takeover.
Andrew C. Warren will continue to advise the board on financial strategy, while the company also added Andrew Campion as an independent director effective January 13. Campion’s background at Nike and Disney brings additional operational and media insight to the board, complementing Cinelli’s finance focus.
The CFO change is part of a broader governance overhaul aimed at strengthening financial discipline during a period of significant strategic activity. Cinelli’s track record in technology and capital markets positions him to streamline cost structures, integrate Skydance’s financial systems, and support the company’s AI‑driven content and distribution initiatives. His appointment is expected to enhance the company’s ability to manage the financial risks associated with the Warner Bros. Discovery bid, including legal challenges and shareholder opposition.
Market reaction to the announcement was muted. The stock traded lower on January 14 amid a mix of legal setbacks related to the takeover bid and a recent downgrade to a “Strong Sell” by Zacks. Analysts noted that while the CFO appointment was a positive governance move, it was outweighed by the uncertainty surrounding the Warner Bros. Discovery deal and the company’s flat revenue and net loss in Q3 2025.
David Ellison, chairman and CEO, welcomed Cinelli’s appointment, saying the new CFO “brings financial acumen and a proven record of guiding high‑growth technology companies.” Ellison added that Cinelli’s expertise in direct‑to‑consumer media, AI, and industrial sectors will be critical as Paramount Skydance expands its streaming footprint and pursues strategic acquisitions.
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