Market Chatter: Citigroup Hires Former Paramount Executive as Head of Media Division

MT Newswires Live01-21 03:51

Citigroup (C) hired former Paramount Skydance (PSKY) executive Alex Berkett as head of its media unit, The Wall Street Journal reported Tuesday, citing an internal memo.

Berkett is expected to join Citi later this month, the memo stated, according to The Wall Street Journal.

Citigroup declined to comment, while Paramount did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 112.70, Change: -5.34, Percent Change: -4.52

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