{"id":48217,"date":"2023-08-14T12:22:43","date_gmt":"2023-08-14T16:22:43","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/cbs-news-chief-neeraj-khemlani-stepping-down-after-tumultuous-2-year-reign\/"},"modified":"2023-08-14T12:22:45","modified_gmt":"2023-08-14T16:22:45","slug":"cbs-news-chief-neeraj-khemlani-stepping-down-after-tumultuous-2-year-reign","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=48217","title":{"rendered":"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign"},"content":{"rendered":"
\n

Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is leaving the network.<\/p>\n

The surprise shakeup was confirmed by CBS brass shortly after the New York Post published a story online Sunday that the mercurial network chief had been calling confidantes to tell them he\u2019s out.<\/p>\n

\n

Rumors of his exit hit a fever pitch last week after The Post ran an exclusive story on July 30 that Khemlani\u00a0was being monitored by an HR executive\u00a0after a slew of complaints for his alleged \u201cbullying, rude\u201d behavior.<\/p>\n

Khemlani\u2019s schedule for this week had been cleared despite the fact he was slated to return Monday from a week-long family vacation in Europe, sources with knowledge told The Post.<\/p>\n

CBS had planned to announce a restructuring on Monday, another insider told The Post.<\/p>\n

The Post\u2019s report of his impending departure apparently moved up those plans. Khemlani, whose three-year contract expires next spring, sent a memo to CBS News staffers on Sunday announcing plans to begin a new stage of his career.<\/p>\n

\u201c(I am) looking forward to slipping my reporter\u2019s notebook back into my pocket and heading out on a new adventure,\u201d he said in his farewell to staffers, which was obtained by The Post.<\/p>\n

Khemlani \u2014 who was in charge of prized programs that include \u201cCBS Evening News\u201d \u201c60 Minutes, \u201cCBS Mornings\u201d and \u201cFace the Nation\u201d \u2014 will now seek to develop content in a new multi-year, first-look deal with CBS, according to the memo.<\/p>\n

CBS CEO George Cheeks, who brought in the divisive network chief, sent out a memo to staff confirming Khemlani\u2019s departure and said the two had been discussing \u201chis potential transition for some time.\u201d<\/p>\n

Representatives\u00a0for\u00a0CBS\u00a0and\u00a0Khemlani\u00a0did not respond to requests for comment.<\/p>\n

Sources have pointed to Wendy McMahon, Khemlani\u2019s co-president who runs the\u00a0CBS\u00a0Television Stations and\u00a0CBS\u00a0News Digital divisions, as the front-runner to take over his responsibilities for running the News division,<\/p>\n

The restructuring will likely name deputies who will report to McMahon, the insider said.<\/p>\n

Khemlani\u2019s downfall comes after\u00a0reports\u00a0surfaced that he blew up at Chief Financial Officer Stacey Benson and another female executive on her team during a budget meeting in April.<\/p>\n

Since taking the reins in May 2021, Khemlani \u2014 a former Hearst executive \u2014 has been under \u201cimmense pressure\u201d from Cheeks to\u00a0hit certain budget numbers,\u00a0insiders said.<\/p>\n

He immediately\u00a0clashed with \u201cCBS Evening News\u201d anchor Norah O\u2019Donnell over contract matters, The Post reported.<\/p>\n

Khemlani\u2019s combustible temper, meanwhile, reportedly translated to\u00a0plunging morale among CBS News staffers, who have\u00a0described their boss as \u201crude\u201d and \u201cmicro-managing.\u201d<\/p>\n

As previously reported by The Post, those complaints have\u00a0led to a larger internal review headed by CBS corporate HR exec Whitney Delich.<\/p>\n

The review, which began in 2022, was focused on how Khemlani speaks to women and employees of color.<\/p>\n

Prior to the investigation, Singaporean-born\u00a0Khemlani had been subjected to a \u201c360 performance review\u201d\u00a0by his bosses and direct reports, which resulted in mandatory counseling on how to speak to employees \u201cwithout sarcasm\u201d while using \u201cfriendly body language,\u201d multiple sources said at the time.<\/p>\n

Khemlani made no mention of any hard feelings in his memo to staff Sunday.<\/p>\n

\u201cWe maintained the #1 position of our iconic weekend programs, successfully developed and launched business plans to grow digital revenue that will sustain CBS News for the next generation, and elevated and promoted so many of the people who work here day after day to deliver on our journalistic mission,\u201d Khemlani wrote in his memo.<\/p>\n

\u201cI\u2019m so proud of what all of you have accomplished \u2014 the scores of journalistic wins, the superb storytelling, the creativity that enhanced every aspect of our programming \u2014 that has put this division on a stronger path forward.\u201d<\/p>\n

Khemlani \u201cput new business plans in place to drive more revenue, which is essential in a challenging environment for all media companies,\u201d Cheeks said in his memo.<\/p>\n

Khemlani\u2019s cost-cutting was seen by some as a possible path to spin off the network as its parent Paramount Global
\n PARA,
\n -3.26%<\/bg-quote>
\n \u2014 which also owns Paramount Pictures, Showtime, MTV and Nickelodeon, among others \u2014 focuses on streaming.\u00a0<\/p>\n

This report originally appeared on NYPost.com.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is leaving the network. The surprise shakeup was confirmed by CBS brass shortly after the New York Post published a story online Sunday that the mercurial network chief had been calling confidantes to tell them […]<\/p>\n","protected":false},"author":1,"featured_media":48218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-48217","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nCBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=48217\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=48217\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-14T16:22:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-14T16:22:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692030164_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=48217#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=48217\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign\",\"datePublished\":\"2023-08-14T16:22:43+00:00\",\"dateModified\":\"2023-08-14T16:22:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=48217\"},\"wordCount\":717,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=48217#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=48217\",\"url\":\"https:\/\/ifintechworld.com\/?p=48217\",\"name\":\"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-14T16:22:43+00:00\",\"dateModified\":\"2023-08-14T16:22:45+00:00\",\"description\":\"Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=48217#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=48217\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=48217#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign | iFintechWorld","description":"Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=48217","og_locale":"en_US","og_type":"article","og_title":"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign | iFintechWorld","og_description":"Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is","og_url":"https:\/\/ifintechworld.com\/?p=48217","og_site_name":"iFintechWorld","article_published_time":"2023-08-14T16:22:43+00:00","article_modified_time":"2023-08-14T16:22:45+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692030164_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=48217#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=48217"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign","datePublished":"2023-08-14T16:22:43+00:00","dateModified":"2023-08-14T16:22:45+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=48217"},"wordCount":717,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=48217#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=48217","url":"https:\/\/ifintechworld.com\/?p=48217","name":"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-14T16:22:43+00:00","dateModified":"2023-08-14T16:22:45+00:00","description":"Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=48217#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=48217"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=48217#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/48217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48217"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/48217\/revisions"}],"predecessor-version":[{"id":48219,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/48217\/revisions\/48219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/48218"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}