Jeff Shultz, head of business development and strategy for Paramount Global's streaming division, is leaving the company.

The drumbeat of departures from Paramount Global is continuing, with high-level streaming exec Jeff Shultz heading for the exits.

The news comes on the heels of Charles Phillips Jr. announcing he's leaving the board of directors ahead of the Skydance merger

Paramount Global board member Charles Phillips, who raised questions about Skydance Media’s offers during the companies’ months-long merger saga, is resigning from the board. In an SEC filing Friday morning,

Charles Phillips Jr., who led the Paramount Global board's special committee that reached a deal with Skydance Media, is exiting the board.

Charles Phillips Jr., who led the Paramount Global board's special committee that ultimately approved an $8 billion merger agreement with David Ellison's Skydance Media, is exiting his position at the end of October.