Wendy McMahon cites disagreements with parent company as it faces $20bn Trump lawsuit and merger

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”.