The president of CBS News, Wendy McMahon, was forced out of her post on Monday, the latest shock wave to hit the news division amid an ongoing showdown involving President Trump, “60 Minutes” and CBS’s parent company, Paramount.
Ms. McMahon told her staff in a memo that “it’s become clear the company and I do not agree on the path forward.” Executives at Paramount informed Ms. McMahon on Saturday that they wanted her to step down, according to several people with direct knowledge who requested anonymity to share private discussions.
Paramount is in talks to settle a $20 billion lawsuit brought by Mr. Trump that accused “60 Minutes” of deceptively editing an interview with his Democratic opponent, Kamala Harris. Many legal experts have called the suit baseless, but Paramount’s controlling shareholder, Shari Redstone, has said she favors settling the case. She is seeking federal approval for a multibillion-dollar sale of her company to a Hollywood studio, Skydance.
The situation prompted the executive producer of “60 Minutes,” Bill Owens, to resign last month. He has told confidants that Paramount executives, cognizant of the settlement talks with Mr. Trump, had pressured him over the program’s coverage of the Trump administration.