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Wendy McMahon, President and CEO of CBS News and Stations, officially announces her resignation as the network grapples with a $20 billion lawsuit filed by former President Donald Trump and the ongoing merger talks between CBS’s parent company, Paramount Global, and Skydance Media.
In a memo sent to CBS employees, McMahon describes her departure as “bittersweet,” noting that while leading CBS News has been a “privilege and joy,” recent months have brought “challenges” and “it’s become clear the company and I do not agree on the path forward.” Her resignation follows mounting internal pressure as the company faces. . .
