Paramount Welcomes Dennis K. Cinelli to Board of Directors
Paramount Adds Dennis K. Cinelli to Its Board of Directors
Cinelli currently serves as CFO at Scale AI.
Paramount Skydance Corporation (NASDAQ: PSKY) recently announced the addition of Dennis K. Cinelli as an independent director to the Company's Board of Directors, effective immediately. This appointment expands the Board to a total of 11 directors.
Currently, Cinelli holds the position of Chief Financial Officer at Scale AI, having significantly influenced the company's direction. Previously, he played a key role in senior leadership at Uber, where he served as Vice President of Global Strategic Finance. Cinelli is known for his strong advocacy of high-growth execution and has a comprehensive understanding of disruptive technologies. His substantial experience in strategic transactions and commitment to the AI ecosystem positions him as an invaluable asset to support Paramount's ambitious growth plans.
David Ellison, Chairman and CEO of Paramount, expressed his enthusiasm for Cinelli's arrival: "We're thrilled to welcome Dennis to our Board. He brings a distinctive combination of operational expertise and financial insight, shaped by his robust history of fostering cross-functional growth and embracing emerging technologies. His proven ability to marry fiscal discipline with a proactive, visionary approach makes him an extraordinary fit for our team as we strive to propel Paramount's strategic initiatives and sustainable growth forward."
About Dennis K. Cinelli
Dennis K. Cinelli, as Chief Financial Officer of Scale AI, has been instrumental in navigating the company through its staggering sevenfold revenue growth. This includes overseeing a $1 billion Series F financing round and a $14 billion strategic investment from a leading technological giant. In this capacity, he has developed comprehensive business functions across various sectors, including Finance, Data Science, and Sales, while forging partnerships with top AI model builders and cloud service providers.
Before his tenure at Scale AI, Cinelli held multiple senior leadership roles at Uber, most recently serving as the Vice President and Head of Mobility for the U.S. and Canada. During his time there, he led the company's significant IPO in 2019 and managed the strategic merger of Jump, Uber's micro-mobility business, with Lime. His diverse background includes serving as Chief Financial Officer for GE Ventures, overseeing General Electric's $1 billion corporate venture capital arm, where he developed essential finance leadership roles throughout GE's broad portfolio. Dennis holds a Bachelor of Science degree in Finance from the University of Maryland's Robert H. Smith School of Business.
About Paramount, a Skydance Corporation
Paramount, a Skydance Corporation (NASDAQ: PSKY), stands at the forefront of the global media and entertainment industry, showcasing a dynamic structure with three distinct business segments: Studios, Direct-to-Consumer, and TV Media. The Company encompasses illustrious brands such as Paramount Pictures, Paramount Television, CBS – a leading broadcast network, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, and Pluto TV, among others. Moreover, it includes Skydance's ventures in Animation, Film, Television, Interactive Games, and Sports.
Frequently Asked Questions
Who is Dennis K. Cinelli?
Dennis K. Cinelli is the Chief Financial Officer at Scale AI and has recently been appointed as an independent director on Paramount's Board.
What role did Cinelli have at Uber?
At Uber, Cinelli was the Vice President of Global Strategic Finance and held significant leadership roles, including overseeing mobility in the U.S. and Canada.
How does Cinelli's experience benefit Paramount?
Cinelli's extensive background in finance and disruptive technologies makes him an essential asset in driving Paramount's growth and innovation strategies.
What is Paramount's business structure?
Paramount operates through three main segments: Studios, Direct-to-Consumer, and TV Media, positioning it as a leader in the media industry.
Where can more information about Paramount be found?
For additional details about Paramount, please visit their official website at www.paramount.com.
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