Paramount Global disclosed that Charles Phillips Jr., who led the board’s special committee on M&A that ultimately reached a deal to merge the company with Skydance Media, is exiting the board of directors.

Paramount Global board member Charles Phillips, who raised questions about Skydance Media’s offers during the companies’ months-long merger saga, is resigning from the board. In an SEC filing Friday morning,

The former Infor CEO led the media giant's special committee that ultimately approved the $8 billion merger, which is set to close in the first half of 2025 The post Charles Phillips Jr. to Exit Paramount Board of Directors Ahead of Skydance Merger appeared first on TheWrap.

Paramount Global board member Charles Phillips is resigning after the company agreed to merge with Skydance Media.