Published on 29 Apr 2024 on The Hollywood Reporter via Yahoo Finance
Paramount “Office of the CEO” Trio’s Memo to Staff: A “New Long-Term Plan” Is Being Finalized
In a memo to employees Monday, Chris McCarthy, George Cheeks and Brian Robbins, who are together running Paramount after the ouster of CEO Bob Bakish, thanked Bakish for his tenure at the company, while signaling a new strategy ahead.
Paramount announced Bakish was out at the company Monday, just ahead of releasing first quarter earnings, with McCarthy, Cheeks and Robbins making up “Office of the CEO,” upon his ouster. The three executives will work with the Paramount board and CFO Naveen Chopra.