---
schema_version: "secwatch.filing_event.v1"
accession: "0000813828-24-000023"
form_type: "8-K"
ticker: null
cik: "0000813828"
company_name: "Paramount Global"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:35:23.909872+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Paramount Global CEO Robert Bakish Steps Down; Office of CEO Formed with Three Executives

## Summary
- Robert Bakish resigns as President & CEO and from Board, effective April 30, 2024.
- Board establishes Office of the CEO: George Cheeks (CBS), Chris McCarthy (Showtime/MTV), Brian Robbins (Paramount Pictures).
- Chris McCarthy designated interim principal executive officer effective May 1, 2024.
- Bakish to serve as Senior Advisor through Oct 31, 2024, then termination without cause with severance.
- Bakish retains 2.5X severance multiple under CIC Plan if change in control within 6 months after separation.

## SEC filing metadata
- accession: 0000813828-24-000023
- form_type: 8-K
- cik: 0000813828
- company_name: Paramount Global
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813828/000081382824000023/0000813828-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813828/000081382824000023/para-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813828-24-000023
- JSON: https://secwatch.observer/filing/0000813828-24-000023.json
- Plain text: https://secwatch.observer/filing/0000813828-24-000023.txt

## Key facts
- Executive change
  Chris McCarthy changed role as interim principal executive officer at Paramount Global.
  - Action: designated
  - Role: interim principal executive officer
  source text: The Board designated Mr. McCarthy as interim principal executive officer, effective as of May 1, 2024, for purposes of the rules and regulations of the Securities Exchange Commission.
  evidence_url: https://www.sec.gov/Archives/edgar/data/813828/000081382824000023/0000813828-24-000023-index.htm
- Executive change
  Robert M. Bakish departed as President and Chief Executive Officer at Paramount Global.
  - Action: stepped down
  - Role: President and Chief Executive Officer
  source text: Robert M. Bakish stepped down as Paramount Global's President and Chief Executive Officer and has resigned from the Board, in each case, effective as of the end of the day on April 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/813828/000081382824000023/0000813828-24-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.