The president and chief executive officer of CBS News announced on Monday that she is stepping down, citing disagreements with the network’s parent company as it confronts a $20bn lawsuit from Donald Trump and a looming merger.
Wendy McMahon, who has helmed the company’s venerated news division since 2023, said in a memo obtained by several media outlets – and shared in full on social media – that “it’s become clear the company and I do not agree on the path forward”.