Paramount Global's Bob Bakish is out as CEO after reportedly clashing with the board over the terms of a sale to Skydance Media, FOX Busienss has learned.
Paramount Global chief Bob Bakish has left the entertainment giant after eight years at the helm, the company announced Monday. The company said in a press release Bakish is stepping down from his role as CEO and from the board of directors. Bakish's departure comes as the board is pursuing a sale of the company to Skydance Media.
Paramount said Bakish will be replaced with a newly-established Office of the CEO led by a trio of three senior executives: CBS president and CEO George Cheeks; Showtime/MTV Entertainment Studios and Paramount Media Networks president and CEO Chris McCarthy; and Paramount Pictures and Nickelodeon president and CEO Brian Robbins.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continueParamount Global reports its quarterly earnings Monday.
Read more »
Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continueParamount Global reports its quarterly earnings Monday.
Read more »
Paramount CEO Bob Bakish to step down amid sale discussionsParamount said its long-time CEO, Bob Bakish, will leave the company, which is in discussions to explore a sale or merger.
Read more »
Paramount Global replaces CEO Bob Bakish with a troika of executivesParamount Global has announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company.
Read more »
Paramount Global replaces CEO Bob Bakish with a troika of executivesParamount Global has announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company.
Read more »
Paramount Global replaces CEO Bob Bakish with a troika of executivesParamount Global has announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company.
Read more »