Wendy McMahon Steps Down as Head of CBS News, Stations, Syndication

Wendy McMahon, a TV executive who aggressively pushed CBS News and TV stations into new business operations and formats during a tumultuous era under parent company Paramount Global, said Monday she would step away from her role.

“It’s become clear that the company and I do not agree on the path forward,” McMahon said in a memo to staffers Monday. ” It’s time for me to move on and for this organization to move forward with new leadership. I have spent the last few months shoring up our businesses and making sure the right leaders are in place; and I have no doubt they will continue to set the standard.”

More to come….