CBS News President McMahon to Step Down, Memo Shows
Wendy McMahon, CEO of CBS News, speaks during the Axios BFD event in New York City, U.S., October 12, 2023. REUTERS/Brendan McDermid/File Photo
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(Reuters) – Wendy McMahon, the president and CEO of CBS News, will step down from her position, as the company and her have differing views on the path forward, according to a memo seen by Reuters on Monday.
McMahon, president and CEO of Paramount Global-owned CBS News and Stations and CBS Media Ventures since 2023, said in the memo that the last few months have been challenging.
“It’s become clear that the company and I do not agree on the path forward. It’s time for me to move on and for this organization to move forward with new leadership,” McMahon said.
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(Reporting by Juby Babu in Mexico City; Editing by Leroy Leo)
