Paramount Group disclosed that its board initiated a review and evaluation of strategic alternatives to maximize shareholder value.

The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.

Shares of Paramount Group climbed after the company said its board initiated a review of strategic alternatives to maximize shareholder value. Shares were up 15% to $5.49 during Monday's trading, and ...

Paramount's former CEO Bob Bakish topped the list with a 178% increase to $87 million, largely from severance.

CBS News President and CEO Wendy McMahon is resigning, marking the second high-profile departure at the network in one month ...

It's time for me to move on and for this organization to move forward with new leadership." In recent weeks, Paramount Global's board had put increasing pressure on Cheeks and McMahon to know ...

Wendy McMahon, chief executive officer of CBS News, resigned under pressure after Paramount Global, the broadcaster’s parent ...

CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between the company's news division and Paramount Global ...