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CBS News CEO Resigns Amid Internal Turmoil and Lawsuit

5/19/2025

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Summary

Story summary

Wendy McMahon has stepped down as president and CEO of CBS News, a move sparked by internal strife and a looming $20 billion lawsuit from Donald Trump. Her resignation comes on the heels of Bill Owens' exit from "60 Minutes," as tensions rise over the company's future amidst Paramount Global's pursuit of an $8 billion merger with Skydance Media.

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Story summary

Wendy McMahon has stepped down as president and CEO of CBS News, a move sparked by internal strife and a looming $20 billion lawsuit from Donald Trump. Her resignation comes on the heels of Bill Owens' exit from "60 Minutes," as tensions rise over the company's future amidst Paramount Global's pursuit of an $8 billion merger with Skydance Media.