Overview
- Wendy McMahon announced her resignation as CBS News president and CEO, citing disagreements with Paramount Global's corporate direction.
- Her exit comes as Paramount mediates a $20 billion lawsuit filed by Donald Trump, alleging deceptive editing of a 2024 Kamala Harris interview on '60 Minutes.'
- McMahon supported former '60 Minutes' executive producer Bill Owens, who resigned in April over concerns about journalistic independence.
- Paramount's controlling shareholder, Shari Redstone, is advocating for a settlement to facilitate regulatory approval for an $8 billion Skydance Media merger.
- CBS News leadership will now report directly to George Cheeks, with Tom Cibrowski and Jennifer Mitchell taking on expanded roles during the transition.