Jeff Shell's 2025 Pay Hits $60.7 Million

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- Jeff Shell received a 2025 compensation package worth $60.7 million, comprising $1.4 million base salary and $58.7 million in stock awards.
- David Ellison earned a 2025 package of $63.2 million, including $1.4 million base pay, $58.7 million stock awards, $1.4 million non‑equity incentive compensation, and $1.7 million other compensation (primarily personal security costs).
- Jeff Shell departed Paramount on April 8 after a breach‑of‑contract and fraud complaint by professional gambler RJ Cipriani, which also implicated Paramount, Ellison, Larry Ellison and advisors.
- Gibson Dunn cleared Shell of violating securities laws, and Paramount said Shell would transition from his role to focus on the litigation.
- Paramount will pay Shell cash severance equal to his salary and target bonus, about $5 million, per his separation agreement.
- Makan Delrahim had a compensation package valued at $63.6 million.
- Andrew Brandon‑Gordon had a compensation package valued at $48.5 million.
Why it matters: Shareholders see Paramount allocate over $60 million to its former president while also paying a $5 million severance, underscoring the financial impact of the fraud suit and the firm’s reliance on equity awards to retain top talent despite legal turmoil and ongoing investigations.



