May 19 (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 ( PARAA )-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.