Bob Bakish was ousted by Paramount after clashing with Shari Redstone and he still got rewarded with a $69.3 million golden parachute

• Bob Bakish, who was ousted as CEO of Paramount in last April, received $69.3 million as part of his severance compensation. The package was revealed in a Paramount filing disclosed by the SEC on Friday.

Bob Bakish, the chief executive who was ousted by Paramount in April 2024 in the midst of contentious takeover battle, was reportedly given $69.3 million in severance, new SEC filings show.

According to the agreement—signed April 29, 2024 but filed in an 8-K with...