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Stock impact report

Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives [MSNBC.com]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Company Research Source: MSNBC.com
In this articleBob Bakish, president and chief executive officer of Viacom, attends the fourth day of the annual Allen & Company Sun Valley Conference, July 11, 2023 in Sun Valley, Idaho.David A. Grogan | CNBCParamount Globalthe company announced MondayBakish will also leave the company's board and will be replaced by a so-called "Office of the CEO." Paramount will now be led by CBS president and CEO George Cheeks; Chris McCarthy, president and CEO of Showtime/MTV Entertainment Studios and Paramount Networks; and Brian Robbins, the head of Paramount Pictures and Nickelodeon. The company said the three executives will work closely with Paramount CFO Naveen Chopra and the board.In the release on Monday, Paramount said the new leadership is "working with the board to develop a comprehensive, long-range plan to accelerate growth and develop popular content, materially streamline operations, strengthen the balance sheet, and continue to optimize the streaming strategy."Paramount also repo Show less Read more
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