Paramount Global's Bob Bakish is stepping down as CEO
NEW YORK (AP) — Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company.
Bakish will be replaced by a troika of executives who will form a new “Office of the CEO.” The group includes George Cheeks, the CEO of CBS; Chris McCarthy, CEO of Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, the CEO of Paramount Pictures.
The company said Cheeks, McCarthy and Robbins will work closely with Chief Financial Officer Naveen Chopra and the board of directors. Among the issues the new CEO trio must face are a reported $11 billion offer from private-equity firm Apollo Global to acquire the studio, which produces films and television programs and runs the streaming service Paramount+.
There have also been reports of a possible merger with Skydance, David Ellison’s media company that has helped produce such Paramount releases as “Top Gun: Maverick” and “Mission: Impossible – Dead Reckoning.”
Related articles
Bella Hadid goes braless in a thigh
She is one of America's most recognisable fashion models.And Bella Hadid continued to show why she i2024-05-21Icebreaker Xuelong 2 leaves HKSAR for Shanghai
China's first domestically made icebreaker Xuelong 2 has completed a five-day visit to the count2024-05-21Domestic oil, gas production hits record in 2023
Oil and gas production reached a record high in China last year, as domestic companies stepped up up2024-05-21Shanghai goes big on smart factories
Shanghai is determined to consolidate its leading position in intelligent manufacturing by building2024-05-21Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
PHOENIX (AP) — The nonpartisan Commission on Presidential Debates, which has planned presidential fa2024-05-21- Newly installed president vows overhaul of youth ranks to breathe new life into ailing Chinese gameY2024-05-21
atest comment