The Melrose Gate entrance to the studio lot of Paramount Pictures in Hollywood, California. Credit: Wikipedia Commons Paramount GC's Exit Was 'Involuntary,' Entitling Her to Millions in Severance
Now that Paramount is keeping its independence, the company's board is under pressure to chop expenses. Paramount is weighed down by more than $14 billion in debt and lost $500 million in the first quarter.
June 24, 2024 at 06:42 AM
3 minute read
Lawyer Compensation - In-House
The departure of Paramount General Counsel Christa D'Alimonte was "involuntary" and "without cause," the company said in a regulatory filing Friday and, as a result, she is slated to receive an estimated $6.5 million in severance.
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