Tanya Simon to Lead CBS News' '60 Minutes'
'It is a privilege to lead '60 Minutes' and its formidable team of journalists,' Simon said in a prepared statement. ''60' is in a class of its own, upholding a legacy of extraordinary and thought-provoking journalism for more than half a century. I'm deeply committed to this level of excellence and I look forward to delivering an exciting season of signature '60' stories that cover a wide range of subjects for a broad audience and engage viewers with their world.'
More from Variety
'South Park' to Get 50 New Episodes as Trey Parker, Matt Stone Reach Five-Year Deal With Paramount; Entire Series to Stream on Paramount+
Skydance Promises FCC It Will Appoint CBS News Ombudsman to Review 'Complaints of Bias,' Says Paramount Has Eliminated DEI
Trump Makes Unconfirmed Claim Skydance Will Give Him $20 Million in 'Advertising, PSAs or Similar Programming' After Paramount Merger Goes Through
She has been with CBS News since 1996, joining the news division as a researcher for '48 Hours.' Her father, Bob Simon, was a '60 Minutes' correspondent who was respected for his knowledge of foreign affairs.
The newsmagazine has been generating headlines of its own in recent months. Paramount earlier this month agreed to pay $16 million to President Donald Trump to end what has been viewed in many legal circles as a flimsy lawsuit tied to a pre-Election Day interview between Bill Whitaker, a '60 Minutes' correspondent, and former U.S. Vice President Kamala Harris. The decision has vexed supporters of the program and of journalism in general, who charge Paramount executives risk tarnishing a media brand that has long sought to hold power to account and to probe events with an independent lens.
Paramount is in the midst of trying to push forward on a sale to Skydance Media, and Trump's lawsuit, and a separate probe by the Federal Communications Commission are seen as attempts to block that goal, or to squeeze payments out of the corporation in exchange for a path to the merger. People familiar with CBS News operations believe weeks of leaks about Paramount's legal machinations and of the '60 Minutes' staff's aversion to any kind of settlement have served to undermine the show.'60 Minutes' continues to generate some of TV's highest ratings.
Simon has been overseeing the program since its previous EP, Bill Owens, stepped down, citing interference in the show's editorial processes by Paramount. Wendy McMahon, the CBS executive who ran CBS News and its local stations, left a few weeks afterwards, noting that she and the company had different views of how to run operations.
Before taking on an interim executive producer role in April, Simone was the show's executive editor for six seasons. Prior to that, she was a senior producer whose responsibilities included overseeing digital content and supervising production of '60 Minutes Sports,' a monthly sports-focused edition of the program that ran on Showtime. She joined the staff in 2000, working with correspondent Ed Bradley on a variety of reports including the 9/11 terrorist attacks on the World Trade Center, the Duke University lacrosse rape case and a rare interview with Bob Dylan. Simon went on to produce for nearly all the '60 Minutes' correspondents over the next decade, including Steve Kroft, Lesley Stahl, Scott Pelley, Anderson Cooper, and her father.
'Tanya Simon understands what makes '60 Minutes' tick. She is an innovative leader, an exceptional producer and someone who knows how to inspire people,' said Tom Cibrowski, recently named president and executive editor of CBS News, in a statement. 'Tanya knows that the success of today's '60 Minutes' depends on delivering a weekly mix of the most informative, impactful and entertaining stories and investigative journalism from around the world. This is the true essence and foundation of '60 Minutes''
More to come…
Best of Variety
New Movies Out Now in Theaters: What to See This Week
'Harry Potter' TV Show Cast Guide: Who's Who in Hogwarts?
Final Emmy Predictions: Talk Series and Scripted Variety - New Blood Looks to Tackle Late Night Staples
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Old Second Bancorp Inc (OSBC) Q2 2025 Earnings Call Highlights: Strong Net Income Amidst ...
Net Income: $21.8 million or $0.48 per diluted share. Return on Assets: 1.53%. Return on Average Tangible Common Equity: 15.29%. Tax Equivalent Efficiency Ratio: 54.54%. Tangible Equity Ratio: Increased by 49 basis points to 10.83% from last quarter. Common Equity Tier 1: 13.77%, up from 13.47% last quarter. Net Interest Margin: Decreased 3 basis points to 4.85% from last quarter. Total Cost of Deposits: 84 basis points for the second quarter. Loan-to-Deposit Ratio: 83.3% as of June 30. Total Loans Increase: $58.4 million from last quarter. Allowance for Credit Losses on Loans: Increased to $43 million or 1.08% of total loans. Noninterest Income: Wealth management fees increased by $324,000 or 11.7%; service charges on deposits increased by $280,000 or 11.2%. Noninterest Expense: $1.1 million less than the prior linked quarter. Average Deposits Increase: $51 million or 1.1% quarter-over-quarter. Share Repurchase: Approximately 327,000 shares repurchased in a privately negotiated transaction. Warning! GuruFocus has detected 5 Warning Sign with OSBC. Release Date: July 24, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Old Second Bancorp Inc (NASDAQ:OSBC) reported a strong net income of $21.8 million or $0.48 per diluted share for the second quarter. The company's return on average tangible common equity was 15.29%, indicating strong profitability. The tangible equity ratio increased by 49 basis points from the previous quarter, showing improved capital strength. Net interest income increased by $1.3 million or 2.1% compared to the prior quarter, reflecting strong margin performance. The acquisition of Evergreen Bank is expected to enhance profitability, with the bank performing ahead of initial expectations. Negative Points The second quarter earnings were impacted by a $531,000 MSR mark-to-market loss and an $810,000 charge in merger-related expenses. Net interest margin decreased by 3 basis points compared to the previous quarter. The loan-to-deposit ratio increased to 83.3%, indicating a higher reliance on deposits for loan funding. Noninterest expense increased by $5.5 million year-over-year, driven by higher salaries, employee benefits, and occupancy costs. The integration of Evergreen Bank is expected to result in a 'messy' next quarter with acquisition-related expenses. Q & A Highlights Q: What is the expected timing for the Evergreen Bank conversion, and what is the anticipated expense run rate? A: Bradley Adams, CFO and COO, stated that the conversion is expected to occur in the early to mid-fourth quarter. By the time they report the fourth quarter, the operating expenses should be closer to the final run rate, with the first quarter of the next year being relatively clean. Q: Can you provide more details about the owner-occupied CRE that was classified? A: James Eccher, CEO, explained that it stems from a large healthcare transaction in Oregon. They do not foresee a loss as they are in a strong collateral position with a 70% covered loan-to-value. The facility had restrictions from the state of Oregon, but these have been lifted, and cash flow is expected to improve. Q: How are commercial clients feeling about growth and loan closures given the current economic climate? A: James Eccher noted that commercial clients are handling tariff uncertainty well, though CapEx appetite has been muted. There is growth in leasing and commercial real estate, with a strong second-half pipeline expected, especially with the Evergreen Bank's powersports area. Q: What is the outlook for charge-offs, especially with the Evergreen acquisition? A: James Eccher mentioned that while powersports lending can have higher loss rates (1% to 1.5%), the portfolio's average coupon is around 9%, which balances the risk. Bradley Adams added that a 30 basis point charge-off rate going forward is reasonable. Q: How will the margin respond to a potential 25 basis point Fed rate cut? A: Bradley Adams expressed skepticism about a rate cut this year, noting that the margin is less sensitive to rate changes due to balance sheet movements. He estimated a 4 basis point impact per 25 basis point cut, but emphasized that internal adjustments are more influential. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
20 minutes ago
- Yahoo
Automate Unveils Push PRO: The Smartest Remote Control for Your Shades
STAMFORD, Conn., July 27, 2025 /PRNewswire/ -- Automate, a leader in smart shading solutions, proudly announces the launch of Push PRO, its first smart remote for shades with built in offline automation. Push PRO delivers a seamless and intuitive way to control motorized shades, offering advanced automation features without requiring an internet connection. As energy costs rise, homeowners are looking for smarter ways to manage heat and light. Push PRO's automated scheduling helps reduce energy consumption, making homes more efficient without relying on Wi-Fi or apps. The personalized naming functionality eliminates the guesswork by enabling users to assign specific names to individual shades or groups, ensuring a more intuitive and efficient control experience. With over 60% of homeowners now integrating smart home tech, Push PRO is designed to seamlessly fit into modern smart homes, providing a convenient and efficient way to manage shading solutions. "Consumers want simplicity without sacrificing smart features. Push PRO is a leap forward-giving users' ultimate control over their shades while staying completely offline. This is the future of smart shading," said Jonny Matuichuk Senior Product Manager, Automate at Rollease Acmeda. "With features like personalized shade naming, offline scheduling, and installer-friendly setup, Push PRO is designed to enhance both user convenience and professional installation efficiency." Push PRO's on-screen prompts simplify setup, guiding users through configuration with ease. Users can adjust shade modes including motor speed and favorite positioning, with just a few taps. Additionally, Installer Mode provides professionals with the ability to pair shades, set limits, and lock settings before completing the handover. Designed for optimal visibility and accessibility, the 2.4-inch LCD display features an optional dark mode and smart wake function for instant access, helping with readability any time of day when backlit. Push PRO is powered by a long-lasting rechargeable battery, delivering up to six months of use on a single charge, with a fast USB-C recharge in just two hours. Push PRO is also the perfect master remote for the home, allowing users to conveniently control multiple shades across the entire home. For more precise, room-based control, it can be complemented with Automate Push series' single-channel or five-channel remotes, enabling users to manage individual shades when needed while maintaining overall home automation. With its sleek design, powerful automation features, and intuitive user experience, Push PRO completes the Automate Push Series, providing a tailored solution for every shade control need. Push PRO is now available through authorized Automate retailers and partners. For more information, visit About Rollease Acmeda Rollease Acmeda innovates, designs and manufactures window covering hardware systems and specialty fabrics for manual and automated shade solutions used in both commercial and residential applications. We have a global team of close to 300 associates, with eight distribution facilities across the United States, Mexico, Australia, and New Zealand, shipping to dozens of countries worldwide. Our brands include Automate smart shading solutions, Zipscreen outdoor shades, Texstyle specialty fabrics, and Rollease Acmeda indoor and outdoor hardware systems and solutions. About JM Family Enterprises JM Family Enterprises, Inc. was founded by automotive legend, Jim Moran in 1968. It is a privately held company with $22.8 billion in revenue and more than 5,000 associates. Rooted in automotive and united in its strong culture and core values, JM Family is in the business of helping other businesses succeed. As a long-term partner, it is invested in its companies, associates and its communities. Driven by exceptional performance, current subsidiaries are in the automotive, financial services, franchising and specialty distribution industries. Its family of companies includes: Southeast Toyota Distributors, JM&A Group, World Omni Financial Corp. (dba Southeast Toyota Finance), JM Lexus, Home Franchise Concepts®, Futura Title & Escrow and Rollease Acmeda. Interact with JM Family on Facebook, Instagram and LinkedIn. View original content to download multimedia: SOURCE Rollease Acmeda Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
Southern Missouri Bancorp Inc (SMBC) Q4 2025 Earnings Call Highlights: Strong Earnings Growth ...
Release Date: July 24, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Southern Missouri Bancorp Inc (NASDAQ:SMBC) reported a year-over-year earnings growth of 17%, with earnings per share increasing from $4.42 in fiscal '24 to $5.18 in fiscal '25. The company saw a tangible book value per share increase by 14% over the last 12 months, reaching $41.87. Net interest margin improved to 3.46% from 3.39% in the previous quarter, driven by loan yield expansion and lower funding costs. Gross loan balances increased by 7.6% annualized during the quarter, indicating strong loan growth. Southern Missouri Bancorp Inc (NASDAQ:SMBC) announced an 8.7% increase in quarterly dividends, bringing it to $0.25 per share, reflecting confidence in their financial position. Negative Points Credit quality has deteriorated somewhat, with non-performing loans increasing by $1.1 million compared to the last quarter. Provision for credit losses rose to $2.5 million, up from $932,000 in the previous quarter, indicating increased credit risk. The agricultural segment is facing challenges with rising input costs and lower commodity prices, impacting farmer profitability. There is an expectation of higher prepayment activity in the near term, which could slow net loan growth. The company experienced a $3.8 million charge-off related to a special purpose CRE loan, highlighting ongoing credit challenges. Q & A Highlights Warning! GuruFocus has detected 2 Warning Sign with SMBC. Q: Can you provide more details on the loan growth throughout the quarter and any expectations for prepayments in the near term? A: Our loan growth was steady over the entire quarter, with loans in the pipeline consistently added. Regarding prepayments, we have not seen them yet, but several larger credits have indicated plans to pay off soon, primarily in our non-owner occupied commercial real estate sector. Q: What are your expectations for the net interest margin, especially if there are Fed rate cuts? A: We are currently more neutral to rate movements due to higher levels of excess cash. As this cash is deployed through loan growth, we may become more liability sensitive. We expect natural expansion from loan origination activity and renewals repricing at higher rates than our current portfolio. Q: How is the competitive environment for deposits, and what are your strategies regarding CDs? A: The deposit competition has been more reasonable over the last 6 to 9 months, although there was a slight pickup in July. We don't expect growth to be as heavily weighted towards CDs this year, given our strong funding position. We aim to be less aggressive on the CD side, which might slow growth relative to non-maturity deposits. Q: Can you elaborate on the credit charge-offs and any potential future appraisals? A: We wrote down the balance on one loan after an appraisal came in lower than expected. This was due to a special purpose entity operating it with above-market lease rates. We might see additional charge-offs on other remaining buildings, and we have 42% of the balance in specific reserve. Q: Are you seeing an increase in M&A discussions, and how do you view stock buybacks in the current environment? A: There are more calls from investment bankers, but we haven't seen a significant increase in actionable items. Regarding stock buybacks, it depends on our trading relative to tangible book value. We believe a potential M&A transaction could have a shorter earn-back period than repurchasing shares. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
