Published 11 days ago

Paramount CEO Could Be Replaced as Merger Talks Continue: Report

Paramount Global's board plans to dismiss CEO Bob Bakish soon, as sources reveal. Bakish will miss the earnings call on Monday.
Company division heads may take over CEO duties during merger talks with Skydance Media.
A special committee at Paramount Global is created to examine the potential merger with Skydance. Skydance's CEO, David Ellison, could head Paramount.

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CNBC

Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue

Paramount Global’s board is preparing to fire Chief Executive Officer Bob Bakish as soon as Monday morning, according to people familiar with the matter.

10 days ago·United States

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Los Angeles Times

Paramount Global CEO Bob Bakish expected to leave the company

Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.

10 days ago·Los Angeles, United States

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Variety

Paramount Board Might Oust CEO Bob Bakish Amid M&A Talks: Report

The Paramount Global board of directors reportedly has discussed a plan to oust Bob Bakish as CEO.

11 days ago·Los Angeles, United States

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Bloomberg

Paramount Board Weighs Removing CEO Amid Sale Talks, WSJ says

Paramount Global’s board is considering removing Chief Executive Officer Bob Bakish and putting the company under a committee of top executives while it weighs a possible sale, the Wall Street Journal reported, citing people familiar with the matter.

11 days ago·United States

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Deadline

Bob Bakish To Step Down As Paramount Global CEO Amid Skydance Talks

Paramount Global CEO Bob Bakish is set to step down from the media company as early as Monday morning amid talks with Skydance, and ahead of the company’s quarterly earnings that afternoon. News Bakish might exit started circulating Friday. Paramount’s controlling shareholder and executive chair Shari Redstone, while once clearly on the same page with […]

10 days ago·Los Angeles, United States

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MarketWatch

Paramount Global mulls replacing CEO Bakish as it pursues merger

Paramount Global’s board is mulling replacing Chief Executive Bob Bakish with a committee of top executives to run the entertainment giant on an interim...

11 days ago·United States

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