Paramount Global Sets $1 Million Payouts To HR & Government Affairs Heads When Skydance Deal Closes

More cash is set to flow for Paramount Global executives as the company said two will each receive bonuses of $1 million when the company’s sale to Skydance closes as part of a “transaction award program.” Doretha Lea, EVP, Global Public Policy and Government Relations, and Nancy Phillips, EVP, Chief People Officer are eligible for the payouts, which are contingent on the deal closing to “ensure the successful operation of the Company during the period prior to the completion of the Transactions and to pro ...