fromBusiness Insider
2 hours agoA longtime Paramount exec is stepping down as David Ellison's company shakes up its ads leadership
An experienced Paramount staffer briefed on the change described it as "more strategic than financial," saying that consolidating Simon's position into Phillips' was done to "remove duplication." A second employee characterized the move as being done to "streamline processes" and make "Paramount easier to work with." A third Paramount insider familiar with the company's thinking said there were a few "targeted changes" on the personnel front in Paramount Advertising, "focused on reducing complexity."
Media industry



