Who is the CEO of Viacomcbs? – Biography
Bob Bakish is a business executive from the United States. He has been President and CEO of Paramount Global since December 4, 2019. Prior to the merger with CBS Corporation, he held the same role at Viacom.
How old is Bob Bakish? – Age
He is 58 years old as of 14 December 2021. He was born in 1963 in Englewood, New Jersey, United States. His real name is Robert Marc Bakish
Bob Bakish Education
Bakish graduated from Englewood, New Jersey’s Dwight-Englewood School in 1981. In 1985, he graduated from Columbia University’s School of Engineering and Applied Science with a Bachelor of Science in operations research. In 1989, he received his MBA from Columbia Business School.
Bob Bakish Wife
He is married to DeeM. Bakish. The couple has two daughters and together live in New York.
Bob Bakish House
He together with his family has a home/house in New York. The five boroughs of New York City are located where the Hudson River meets the Atlantic Ocean. Manhattan, a heavily populated borough at the heart of the city, is one of the world’s major commercial, financial, and cultural capitals. The Empire State Building and Central Park are two of the city’s most famous landmarks.
What is Bob Bakish Salary?
In 2021, Bob received a total salary of $20 million, a decrease of approximately $19 million from the previous year. Bakish received $3.1 million in salary and $16.8 million in non-equity compensation in 2021.
Bob Bakish Net Worth
He has net worth is estimated to be $21.5 Million dollars. He holds 214 units of Avid Technology stock valued at $16,534,801 and has sold AVID shares worth $4,797,478 in the last 13 years. He also makes $192,613 at Avid Technology as an Independent Director.
Bob Bakish Viacom CEO
Bakish was in charge of Viacom’s strategic planning and business growth, as well as a number of other business units. Bakish was named President of MTV Networks International in January 2007, having financial and operational responsibilities for MTVNI. He restructured MTVNI right away, laying off 8% of the staff and delegating responsibility for Latin American operations to new offices across the region. When MTVNI CEO Bill Roedy resigned in January 2011, Bakish was named to CEO of Viacom International Media Networks. He led VIMN’s development of Nickelodeon, Comedy Central, and Spike to a growing number of international regions. The Paramount Channel, which broadcasts movies and television shows in Europe, Latin America, and Russia, was founded under his guidance.
Bakish was named acting President and CEO of Viacom in October 2016, with effect from November 15, replacing temporary CEO Tom Dooley. Simultaneously, he was named President and CEO of the newly formed Viacom Global Entertainment Group, which combines Viacom International Media Networks (VIMN) with Viacom’s Music and Entertainment group, which includes MTV, Comedy Central, VH1, Spike TV, and Logo TV, as well as two additional networks, TV Land and CMT. On December 12, 2016, the board of directors of Viacom Inc. made Bakish’s appointment as President and CEO permanent, believing that he could carry out his plans to turn around Viacom’s core US cable networks and its Paramount Pictures film studio.
Bakish laid forth a five-point strategy to turn Viacom around and return it to profitability in early 2017. This included concentrating on Viacom’s six flagship brands: BET, Comedy Central, MTV, Nickelodeon, Nick Jr., and Paramount; revitalizing content and talent; strengthening distributor and advertiser partnerships to drive traditional revenue; expanding digital offerings, consumer products, and live experiences; and optimizing and energizing the company. The plan also called for Paramount Pictures to create films and franchises based on Viacom television shows, and for Spike TV to be renamed and transformed to the Paramount Network, a broad-based general entertainment channel, in early 2018.
Bakish overhauled Viacom by the fall of 2017, changing leaders at practically every division, including recruiting Jim Gianopulos, the former chairman and CEO of 20th Century Fox, as the new chairman and CEO of Paramount Pictures.
Bakish’s five-point comprehensive approach was credited with Viacom’s considerably improved finances, as well as increased company morale and focus, in 2018. Viacom purchased digital platform WhoSay, internet video conference VidCon, and online television network AwesomenessTV in 2018 under Bakish’s leadership and in line with his strategy to reach younger and digital markets. Bakish also announced the launch of an official Viacom streaming service in early 2018, which would support commercials and feature Viacom series and content not available on other streaming services.
Viacom announced Viacom Digital Studios in April 2018, which will generate new original content for platforms like Facebook, Twitter, and Snapchat. Bakish also stated later that month that Viacom would produce new shows exclusively for Netflix, starting with Nickelodeon-related material. Bakish was ranked #20 in The Hollywood Reporter 100: The Most Powerful People in Entertainment 2018 in September 2018, partly owing to his turnaround of Viacom. When CBS Corporation and Viacom merged to establish Paramount Global (then known as ViacomCBS), which concluded on December 4, 2019, Bakish retained his position as CEO.