Last year was good to Jeff Shell. This year, not so much.
The short-lived Paramount Skydance president received a total pay package of $60.7 million in 2025. In April 2026, he was ousted amid a fight with a high-stakes gambler.
Shell may be off the Paramount org. chart, but he’s not yet off its books. Shell’s separation agreement called for cash payments equal to the salary and target bonus he would be eligible for, spread over the 12 months. Shell’s contract includes a $3.5 million salary and $1.5 million target bonus, so the cash payment should be in the ballpark of $5 million.
The only one to out-earn Shell over the four-ish months of 2025 that Skydance actually controlled Paramount was the combined company’s CEO, David Ellison, who was awarded a $63 million pay package. No wonder he can guarantee the Warner Bros. Discovery bid. (Kidding,
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