Paramount Skydance CEO David Ellison raked in $63.2 million in compensation for 2025.
The package, which covers the closing of the Paramount Skydance merger on Aug. 7 to Dec. 31, included a $1.41 million base salary, $58.7 million in stock awards, $1.41 million in non-equity incentive plan compensation and $1.7 million in “other” compensation.
Other compensation included $648 in company-paid life insurance,$1.68 million in personal security-related costs and $12,584 in costs associated with personal guest attendance of certain business events.
Meanwhile, former president Jeff Shell received $60.7 million in total compensation for the period. His package included a $1.41 million base salary, $58.7 million in stock awards, $567,807 in non-equity incentive plan compensation and $9,135 in “other” compensation, including $4,779 in 401(k) match contributions and $4,356 in company-paid life insurance.
Under Shell’s original employment agreement for an initial five-year term, Shell was entitled to an annual base salary of no less than $3.5 million and an annual bonus target of $1.5 million. He was also granted sign-on restricted stock units (RSUs), which were scheduled to vest in equal quarterly installments over a five-year period, subject to his continued employment through the applicable vesting date.
In connection with his exit from the company, Shell will receive the payments and benefits under the terms of his previously disclosed separation agreement, which amounts to around $5 million.
In addition to Ellison and Shell, chief strategy and operating officer Andy Gordon received $48.5 million, chief legal officer Makan Delrahim received $63.6 million and former chief financial officer Andrew Warren received $2.17 million.

