Wendy McMahon will assume additional responsibilities at CBS as she takes over the news, stations, and media ventures divisions following the departure of Neeraj Khemlani. Steve Locascio, the president of CBS Media Ventures, will be retiring after 34 years at the company. McMahon’s leadership and innovative approach have been praised by CBS president and CEO George Cheeks, who is optimistic about the future of CBS under her guidance.
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