# Paramount Skydance said on Wednesday that Jeff Shell would step down as the company's president and board member.

*biotech · news · 2026-04-08 · Moneycontrol*

## Key points

- Jeff Shell is stepping down as president and board member of Paramount Skydance.
- Shell's departure follows legal disputes with R.J. Cipriani, who sued him for $150 million.
- Shell countersued Cipriani last month, alleging extortion and defamation.
- Law firm Gibson Dunn previously cleared Shell of leaking confidential information in Cipriani's claim.

**Companies:** Paramount Global, Skydance Media
**Countries:** United States

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/jeff-shell-steps-down-as-paramount-president-13884041.html)

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