Paramount Global's New Leadership Trio Tell Staff in Memo After Bakish Ouster: ‘We Know This Has Been a Challenging Time' [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
On Monday, Paramount Global said Bakish was stepping down as CEO and leaving the board. In his place, the company established an “Office of the CEO” led by three divisional heads: George Cheeks, president and CEO of CBS; Chris McCarthy, president and CEO, Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, president and CEO of Paramount Pictures and Nickelodeon. More from Variety Amid Turmoil, Paramount Global Sees Q1 Lift From Super Bowl, Narrows Loss Paramount Global Boots Bob Bakish as CEO, Names New Leadership Team of Three Execs Paramount Global Set to Unveil New Leadership Structure; Anxiety Runs High on Earnings Eve The shake-up added further fuel to the uncertainty about the media conglomerate's future. Bakish's exit came as the Paramount Global board and controlling shareholder Shari Redstone were working to close a deal to merge Paramount with David Ellison's Skydance Media. The three new heads of Paramount Global's Office of the
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PARAA
News
- Sony & Paramount Sign Non-Disclosure Agreement Allowing Deal Talks To Start, But It's Not Looking Like A $26 Billion Bid For Whole Company Anymore [Yahoo! Finance]Yahoo! Finance
- Paramount Global's Top Marketing and Communications Exec, Julia Phelps, Is Leaving [Yahoo! Finance]Yahoo! Finance
- Paramount Global Chief Communications, Corporate Marketing Officer Julia Phelps to Exit [Yahoo! Finance]Yahoo! Finance
- Paramount Global Taps Jonathan Bingaman As President Domestic Licensing & Distribution [Yahoo! Finance]Yahoo! Finance
- Former Penguins player hosts charity hockey game to raise awareness for mental illness [CBS News]CBS News
PARAA
Earnings
- 4/29/24 - Beat
PARAA
Sec Filings
- 5/17/24 - Form DEFA14A
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- PARAA's page on the SEC website