Paramount Appoints Dennis Cinelli as CFO Amidst Warner Bros. Takeover Battle

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Storyboard•15-01-2026, 09:27
Paramount Appoints Dennis Cinelli as CFO Amidst Warner Bros. Takeover Battle
- •Paramount has named board member Dennis Cinelli as its new Chief Financial Officer.
- •Cinelli, with prior finance roles at Uber Technologies and Scale AI, will step down from Paramount's board.
- •He replaces Andrew Warren, who served as interim CFO and will now be a strategic adviser.
- •The appointment comes as Paramount intensifies its high-stakes takeover bid for Warner Bros. Discovery, facing competition from Netflix.
- •Paramount has launched a proxy fight to nominate its own directors to Warner Bros.' board after its $30-per-share bid was rejected.
Why It Matters: Paramount appoints Dennis Cinelli as CFO, signaling a strategic move in its aggressive Warner Bros. takeover bid.
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