Ingrid Ciprian-Matthews, the CBS News president, announced on Wednesday that she would step down from her role in the next few weeks and would move into a senior adviser role through the presidential election.
In a memo to employees, Ms. Ciprian-Matthews suggested she was leaving the position before the network’s parent, Paramount Global, began widespread job cuts.
“We all know our industry and company are going through a transformation and a number of short- and long-term decisions need to be made,” she said.
“I do not want to be disingenuous with any of you about who should drive these decisions.”Ms. Ciprian-Matthews will leave the company after the election.
Earlier this week, Paramount Global announced it would merge with Skydance, a long-awaited move for Paramount, which has been in dire financial straits as the traditional cable bundle continues to unravel.
Persons:
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Organizations:
CBS News, Paramount Global, Paramount