PARAMOUNT ADDS DENNIS K. CINELLI TO ITS BOARD OF DIRECTORS

Core Insights - Paramount Skydance Corporation has appointed Dennis K. Cinelli as an independent director, expanding the Board to 11 members [1][2] - Cinelli is currently the CFO of Scale AI, where he has overseen significant revenue growth and strategic investments [2] - The appointment is aimed at enhancing the Board's capabilities to drive innovation and long-term value for stakeholders [2] Company Overview - Paramount Skydance Corporation operates as a global media and entertainment company with three main segments: Studios, Direct-to-Consumer, and TV Media [3] - The company's portfolio includes well-known brands such as Paramount Pictures, CBS, Nickelodeon, and Showtime [3] Leadership Background - Dennis K. Cinelli has a strong background in finance and technology, having held senior roles at Uber and GE Ventures [2] - At Scale AI, he led the company through a period of sevenfold revenue growth and secured a $1 billion Series F financing [2]