WithSkydances deal to acquire Paramount Global set to close later this week,David Ellison has unveiled its proposed 10 new board directors to serve once the merger is completed.

Ellison is set to serve as the future chairman and CEO of the Paramount studio. Former Paramount Pictures head Sherry Lansing is proposed to sit as an independent director, while Oracle Corp CEO Safra A. Catz, whose company is aligned with former CEO Larry Ellison, father of David Ellison, is also tapped for the new boardroom.

Barbara Byrne, former vice chairman of British investment bank Barclays PLC, is the lone holdover from the old board and will sit as an independent director. The new Paramount will have three segments: Studios, direct-to-consumer, and TV media. The rest of the proposed board appointees from the world of media, technology, and finance and many of whom are shareholders of the combined studio include Gerry Cardinale, founder and managing partner of RedBird Capital Partners; John L. Thornton, chairman of RedBird Capital Partners; Andy Gordon, future chief strategy officer and COO of Paramount; Jeff Shell, future Paramount president; Justin G. Hamill, managing director and chief legal officer of Silver Lake; and Paul Marinelli, president, Lawrence Investments LLC.

As previously announced, former NBCUniversal CEO Jeff Shell will be president of the new Paramount. Joining him will be Andy Gordon, who had been leading RedBird Capitals Los Angeles office. RedBird is providing financial capital to support the Skydance deal.

The current Paramount Global directors will step down on the close of the merger.

David Ellison in a statement said of the new proposed board directors: We are thrilled and honored to welcome this truly outstanding group of director-designees to our Board. They are dynamic leaders whose impact spans industries and whose reputations resonate across the business world globally. The legacy of Paramount is one of our greatest strategic assets and it is our strong desire and fiduciary duty to honor that history while positioning the business for sustained value creation. These highly qualified, world-class executives share in our commitment and will play a critical role in guiding the future direction of our combined company, and we are deeply grateful for their willingness to serve.