Bob Bakish used to browse guitars at a music store in Times Square. Nobody recognized him as the chief executive of Paramount Global, the entertainment company headquartered nearby. He was just fine with that.
In an industry known for celebrity CEOs and larger-than-life moguls, Bakish was the anti-mogul, a veteran executive who was more at home talking about streaming strategy and ad budgets than sitting in on Hollywood script pitches — and who seemed unconcerned with being a famous titan of show business.
Now, after more than seven years at the helm, Bakish’s run is over. Paramount, owner of CBS, networks such as MTV and Comedy Central, and its namesake film studio, said Monday it is parting ways with him and installing a committee of top managers to run the company.
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