CBS News Chief Wendy McMahon Steps Down, Citing Conflicts With Paramount
Wendy McMahon, a TV executive who aggressively pushed CBS News and TV stations into new business operations and formats during a tumultuous era under parent company Paramount Global, said Monday she would step away from her role.
She is the second senior executive overseeing the company's news division to leave unexpectedly as Paramount pursues a settlement with President Donald Trump over a what many legal experts believe is a flimsy lawsuit alleging that the venerable newsmagazine '60 Minutes' tried to mislead voters with an interview of former Democratic presidential candidate Kamala Harris. Bill Owens, the executive producer of '60 Minutes' announced his decision to leave last month, citing interference from the corporate parent.
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'It's become clear that the company and I do not agree on the path forward,' McMahon said in a memo to staffers Monday. 'It's time for me to move on and for this organization to move forward with new leadership. I have spent the last few months shoring up our businesses and making sure the right leaders are in place; and I have no doubt they will continue to set the standard.'
CBS, which spent a lot of time organizing its stations, national news and syndication businesses under a large corporate role, does not seem inclined to replace McMahon at present. In a separate note, George Cheeks, the Paramount co-CEO who directly oversees the CBS operations, said he would oversee Tom Cibrowski, recently named head of CBS News; Jennifer Mitchell, who now heads CBS Stations. CBS Media Ventures executives Scott Trupchak, who heads advertising sales, and John Budkins, who oversees programming and production, will report to Bryon Rubin, CBS' CFO and chief operating officer.
'In a rapidly changing world, Wendy and her teams have worked diligently to articulate a vision and lay a foundation that adapts our news operations for the future,' Cheeks said. 'This includes advancements in data journalism, community journalism, technology and centralizing editorial decisions to help teams move faster.'More to come….
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