As Paramount begins cleaning house under new CEO David Ellison, Paramount Animation‘s President Ramsey Naito is the latest to step down from the company.
Naito is part of 1,000 cuts that happened today as the new Skydance owned Paramount looks to achieve $2 billion in savings. Deadline first learned about other motion picture exits leaving today including President of Worldwide Music Randy Spendlove, SVP of Production Bryan Oh, EVP of Production Geoff Stier, EVP of Home Entertainment Andres Alvarez, EVP of International Theatrical Marketing Rachel Cadden, SVP of Multicultural Marketing Christine Benitez, and SVP of Literary Affairs Phil Cohen.
Below is her note to staff this evening:
Team,
I want to share with you that I am leaving the company and closing this very special chapter with all of you. Leading this incredible team of talented storytellers, artists and dreamers, and watching the magic that you’ve spun from your imagination and dedication, has been one of the great joys of my career.
I am so proud of the work the animation teams and I have done for the last 8+ years. I am honored to have given new life and love to the beloved characters and stories within the vast Paramount and Nickelodeon libraries—from SpongeBob to PAW Patrol to Teenage Mutant Ninja Turtles—and the birth of a whole new slate of originals for today’s generation.
Not only am I endlessly proud of what we’ve built, but even more so the spirit behind it — the collaboration, creativity, and kindness that define this team. Though I’m moving on, I’ll always be cheering you on (and singing along to the PAW Patrol theme or humming the TMNT riff when I see your work lighting up screens everywhere).
Thank you to Josh, Dana and the fantastic leadership team who I know will keep propelling our animation business to great heights.
With love and appreciation,
Ramsey
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