It followed a company email by Shari Redstone, Chair of Paramount’s Board of Directors, who announced the creation of the Office of the CEO comprised of Cheeks, McCarthy and Robbins.
Paramount Global controlling shareholder Shari Redstone has increased the seriousness ... that fate can be avoided if CEO Bob Bakish can make Paramount+ profitable. There could be structural ...
The Employees’ Retirement System of Rhode Island seeks to investigate "potential wrongdoing" by controlling shareholder Shari Redstone.
Redstone reached an $8 billion deal to merge Paramount with Skydance Media last year.
The news of Bakish’s departure and the new Office of the CEO came at the end of April via memo, followed by a company-wide email from Shari Redstone, chair of Paramount’s board. There have ...
Shari Redstone declined to comment ... even before deal talks intensified, then-CEO Bob Bakish informed staffers that as the company streamlined operations and pursued a shared-services model ...
Redstone was survived by his son, Brent Redstone, and daughter, Shari Redstone, who is now in control of the family dynasty. They are children from his first marriage, to Phyllis Raphael.