Paramount board weighs removing CEO amid sale talks, WSJ says
by Yahoo Finance
Yahoo Finance— (Bloomberg) -- Paramount Global’s board is considering removing Chief Executive Officer Bob Bakish and putting the film and TV company under a committee of top executives while it evaluates a possible sale, according to a person familiar with the discussions.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs...
Variety—Paramount Board Might Oust CEO Bob Bakish Amid M&A Talks: Report. Watch Latin American Music Awards Bob Bakish may be out at Paramount Global even before any sale or merger deal for the media company is completed. The board of directors of Paramount Global, including controlling shareholder Shari Redstone, have discussed a plan to oust Bakish as CEO, the Wall Street Journal reported, citing anonymous sources. […]
WSJ—Exclusive | Paramount Considers Removing CEO Bob Bakish as Turmoil Over Sale Talks Deepens. Entertainment giant would install a committee of top executives to run an 'Office of the CEO' on an interim basis; no decision has been made...
Honolulu Star-Advertiser—Paramount CEO Bob Bakish resigns amid merger talks. Paramount Global CEO Bob Bakish is stepping down and will be replaced by three executives, the company said today as it reported quarterly earnings that beat Wall Street expectations.