Paramount Global’s New Leadership Trio Tell Staff in Memo After Bakish Ouster: ‘We Know This Has Been a Challenging Time’

The three Paramount Global executives installed to run the company after Bob Bakish was removed as CEO sought to reassure employees that they have a long-term strategy.

On Monday, Paramount Global said Bakish was stepping down as CEO and leaving the board. In his place, the company established an “Office of the CEO” committee led by three divisional heads: George Cheeks, president and CEO of CBS; Chris McCarthy, president and CEO, Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, president and CEO of Paramount Pictures and Nickelodeon.

The shake-up added further fuel to the uncertainty about the media conglomerate’s future. Bakish’s exit came as the Paramount

→ Continue reading at Variety

Similar Articles

Advertisment

Most Popular