Paramount Skydance’s new chief legal officer gets $63M for 3 months of work

Paramount Skydance’s new chief legal officer gets M for 3 months of work

Corporate Law

Paramount Skydance’s new chief legal officer gets $63M for 3 months of work

Paramount Skydance’s new chief legal officer gets M for 3 months of work

Makan Delrahim, then an assistant attorney general in the Antitrust Division of the Department of Justice, speaks onstage at the 2019 New York Times DealBook on Nov. 6, 2019, in New York City. (Photo by Mike Cohen/Getty Images for the New York Times)

The Paramount Skydance Corp.’s new chief legal officer made $63.6 million during his first three months of work, according to a filing with the U.S. Securities and Exchange Commission.

Makan Delrahim’s compensation positions him as one of the S&P 500’s top paid legal officers, according to a story by Bloomberg Law.

Delrahim joined the company in October. Before that, he worked for three years at Latham & Watkins, where he provided legal counsel to Skydance Media as it prepared for its $8 billion merger with Paramount in August. During President Donald Trump’s first term, Delrahim worked for three years as an assistant attorney general in the Department of Justice’s Antitrust Division.

News of Delrahim’s compensation comes as the Paramount Skydance Corp. plans to buy Warner Bros Discovery Inc. The two companies entered into a merger agreement in February, and Warner Bros. shareholders approved the deal at an April 23 meeting, according to Bloomberg Law.



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