Former Paramount President Jeff Shell’s 2025 salary exceeds $60 million.

recent departure top president Jeff Shell It had a package worth $60.7 million in 2025, according to a filing with the SEC on Friday. Shell’s compensation was mostly $1.4 million in base salary and $58.7 million in stock awards.

Paramount CEO David Ellison‘s total revenue was $63.2 million. Ellison’s Skydance Media acquired control of Paramount last August. His package included the same base salary of $1.4 million, plus $58.7 million in stock compensation, $1.4 million in non-stock incentive compensation and $1.7 million in “other” compensation, primarily personal security-related expenses.

Shell parted ways with Paramount Due to the incident on April 8th Breach of Contract and Fraud Complaints Professional gambler Robert James “RJ” Cipriani’s suit against the executive and his wife later expanded to include Paramount, Ellison, his father Larry Ellison and a handful of advisors. The suit accused Shell of talking outside of the school about corporate deals, including the UFC and Paramount’s proposed merger with WBD.

The report from law firm Gibson Dunn appears to have substantiated Shell’s alleged securities law violations, but Paramount said the executive had decided to step down as president to focus on litigation.

Under the severance agreement with Paramount, Shell will receive cash severity equal to the combined salary and target bonus, or approximately $5 million. This was spelled out in his employment agreement when Skydance and Paramount merged last August, setting his base salary at $3.5 million and bonus at $1.5 million.

Other executive lineup details mentioned in Friday’s SEC filing include Chief Legal Officer Makan Delrahim, who holds a package worth a total of $63.6 million; Andrew Brandon-Gordon, chief strategy and chief operating officer, earns $48.5 million.

Delrahim, who served as assistant attorney general in the Justice Department’s antitrust division during Donald Trump’s first term, played a key role in Paramount’s pursuit of Warner Bros. Discovery. David Ellison said he expects the WBD merger to close in the third quarter.