Paramount Global has nominated attorney Mary Boies, former judge Roanne Sragow Licht and venture capitalist Charles Ryan to its board of directors.
Per the company’s proxy filing, the trio were nominated by the media giant’s governance committee after being introduced by a “non-management director and stockholder.” They will stand election during the company’s annual meeting on July 2.
The move comes as the media giant fends off a $20 billion lawsuit from President Donald Trump and is in the midst of an ongoing FCC review to close its pending $8 billion merger with Skydance Media.
The appointments follow the departure of four board members last year, who stepped down in the midst of Paramount and Skydance’s deal talks. Charles Phillips Jr., who led the special committee that brokered the deal, also revealed in October that he would step down ahead of the Skydance deal’s closing.
The current board members standing for reelection are Barbara Byrne, Linda Griego and Susan Schuman and current controlling shareholder and non-executive chairwoman Shari Redstone.
More to come…
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