Skydance shuffles distribution ranks as eight executives depart
SKYD•Skydance named Sarah Bergman and Mickey Carter to lead distribution as eight executives are set to leave after its takeover of Warner Bros. Discovery. The company is targeting at least $6 billion in planned savings while managing roughly $80 billion in combined debt.
1. Distribution leadership changes
Skydance named Sarah Bergman and Mickey Carter to lead its distribution business, as eight executives are set to leave following the takeover. A memo from distribution president Ray Hopkins said the new leadership team would work on the structure of their organizations in the coming weeks.
2. Departures and debt
Four departing executives are from Warner Bros. Discovery: Rivka Golomb, Kelly Kane, Jeff Cross and Rich Palermo. The other four—David Comisar, Kurt Davis, Deena Demasi and Ken Kay—are from Paramount. Cross will remain as a senior adviser, and Rick Baker will take over his duties. Skydance is seeking at least $6 billion in planned savings and has roughly $80 billion in combined debt.
