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CBS News President Will Exit Role Amid Expectations for Paramount Cost Cuts

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variety.com

Brian Steinberg Senior TV Editor CBS News may be on the hunt for another newsroom honcho. Ingrid Ciprian-Matthews, a veteran journalism executive who was named president of the Paramount Global news unit just last August, told staffers Wednesday morning that she planned to cede her role, opting instead to serve as a senior advisor for coverage of the 2024 presidential election over the next several months before leaving the company.

Shaking up the senior executive structure at a major news organization in the middle of an election year is highly unorthodox, but so too are the struggles of CBS News’ parent corporation.

Paramount has agreed to a merger with Hollywood production studio Skydance Media, and top executives at the company and its new suitor have already indicated that a wave of cost cuts is in store.

During a short tenure as president of CBS News, Ciprian-Matthews presided over a new boost at “CBS Mornings,” which has grown more competitive with ABC rival “Good Morning America” among viewers between the ages of 25 and 54, the demographic most coveted by advertisers. “CBS Evening News” anchor Norah O’Donnell snared a hard-to-get interview with Pope Francis.

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