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Alegre is replacing Wade Davis, who will take the role of Vice Chairman of the Board of Directors and continue as a member of the Board’s Executive Committee.

Skydance Media is accusing Paramount Global of opening a new tab on a special committee of directors and breaching the terms of its deal by extending the period of time during which it can engage with other bidders.

The executive was named to chair the company’s Succession Planning Committee, which since January 2023 is in search for the successor of Robert A. Iger.

The executive will take up the new position in November and will report into CEO Tom Fussell, joining BBC Studio’s Executive Committee.

Pact still needs approval by studio board's special committee; Paramount expected to get 45-day window to shop for better offers. Representatives for Paramount Global, NAI and Skydance declined to comment.