Paramount Global chief financial officer Naveen Chopra is exiting his post. Following his departure, Andrew Warren — who currently serves as strategic advisor to the office of the CEO (working under co-CEOs George Cheeks, Chris McCarthy and Brian Robbins) and is himself the former CFO of Discovery Communications — will assume the additional role of executive vice president and interim CFO at Paramount.

Per a Securities and Exchange Commission filing made by Paramount Monday, Chopra notified the company, which is currently in a pending acquisition deal with Skydance Media, of “his decision to resign from his position” effective June 27.

According to the document, the Paramount CFO’s resignation is “not the result of any disagreement” with Paramount or its board of directors, “including on any matters relating to the Company’s operations, policies, accounting practices or financial reporting.”

Prior to his current position at Paramount and his previous role as CFO at Discovery Communications, Warren served as CFO of STX Entertainment and the NBCU Television Group. As Paramount’s strategic advisor to the office of the CEO, he works closely with senior leadership on financial and strategic decisions.

“We thank Naveen for his leadership role during a dynamic period of transformation and growth,” Paramount co-CEOs Cheeks, McCarthy and Robbins said in a statement Monday. “We are excited to partner with Andy, who has been our strategic advisor, in his new, expanded role as interim CFO and we are confident that his deep financial expertise and familiarity with our business make him exceptionally well-suited to step into this position.”

Read the full article here

Share.