Paramount CEO Bob Bakish steps down as merger inches closer

Paramount has removed Bob Bakish as CEO — and it doesn’t have plans to fill the role. The company announced the news as part of its earnings results on Monday, which will leave Paramount reliant on a committee made up of three executives. The new Office of the CEO consists of George Cheeks, the president [...]read moreParamount CEO Bob Bakish steps down as merger inches closer