Wendy McMahon Resigns As CEO Of CBS News And Stations

Wendy McMahon has announced her resignation as the president and CEO of CBS News and Stations, the latest departure from the network amid the pending acquisition by Skydance.

McMahon wrote to staffers, “Championing and supporting the journalism produced by the most amazing stations and bureaus in the world, celebrating the successes of our shows and our brands, elevating our stories and our people … It has been a privilege and joy.

“At the same time, the past few months have been challenging. It’s become clear that the company and I do not agree on the path forward. It’s time for me to move on and for this organization to move forward with new leadership.”

Her exit comes as the network has been in negotiations with Donald Trump’s team over a settlement of a lawsuit he filed over the way that 60 Minutes edited an interview with Kamala Harris. Many legal experts see the lawsuit as without merit, but Paramount Global is seeking the administration’s approval over the Skydance merger.

McMahon was seen as a defender of the news division amid the corporate tumult. Last month, the executive producer of 60 Minutes, Bill Owens, exited his role, citing corporate interference. 60 Minutes has continued to produce hard hitting segments on the Trump administration.

Even in the wake of Owens’ exit, CBS News staffers have been bracing for more shoes to drop amid the expectation that Paramount Global and Skydance would settle.

McMahon’s memo to staffers is below:

Hi everyone,

Today, I am stepping down from my position as president and CEO of CBS News and Stations and CBS Media Ventures.

This has been one of the most meaningful chapters in my career.  Leading this extraordinary organization has been the honor of a lifetime because I got to work alongside all of you. Your commitment to truth, fairness and the highest standards is unassailable.

Championing and supporting the journalism produced by the most amazing stations and bureaus in the world, celebrating the successes of our shows and our brands, elevating our stories and our people … It has been a privilege and joy.

At the same time, the past few months have been challenging. It’s become clear that the company and I do not agree on the path forward. 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.

You are in incredibly good hands with Tom, Jennifer, John, Matt and Robert. They are phenomenal leaders and people who will continue to protect and celebrate your work. I am sure of it.

To George: Thank you for this opportunity.

To our viewers: Thank you for your trust. You hold us accountable, and you remind us why this work matters.

To the CBS News and Stations and CMV teams: Thank you for your passion, your professionalism and your partnership. It has been a privilege to walk this path with you.

Wendy