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CBS Evening News head departs amid management reorg

CBS Evening News executive producer Jay Shaylor is exiting amid reorganization of the show's management, sources tell Axios.

Why it matters: It's the second major leadership shakeup at the show in the last few years. The program has struggled for years to compete for ratings with evening news at ABC and NBC.


Details: The departure was announced abruptly Friday morning on a team call that, Shaylor, formerly an executive producer at CNN. He had been in his role with CBS since late 2019.

  • Sources tell Axios it's part of a wider management shakeup at CBS Evening News. Last week, the network named Alturo Rhymes and Elizabeth Turner co-senior broadcast producers.

The big picture: CBS Evening News has been through lots of changes in the past few years. Norah O'Donnell took over as anchor of the show in 2019.

  • The show relocated from New York to Washington, D.C., that year and changed its management alongside the shakeup.

Be smart: It's not uncommon for leadership changes at major broadcast shows when management changes within the broader network structure. In April, ViacomCBS named Neeraj Khemlani and Wendy McMahon president and co-head of a unit that will oversee both CBS News and CBS television stations.

CBS Evening News did not immediately respond to Axios' request for comment.

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Why the startup world needs to ditch "unicorns" for "dragons"

When Aileen Lee originally coined the term "unicorn" in late 2013, she was describing the 39 "U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors."

Flashback: It got redefined in early 2015 by yours truly and Erin Griffith, in a cover story for Fortune, as any privately-held startup valued at $1 billion or more. At the time, we counted 80 of them.

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Why it matters: The changes could reduce traffic to some news publishers, particularly companies that post a lot of political content.

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Hurricane Ida exposes America's precarious energy infrastructure

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The big picture: “Our current infrastructure is not adequate when it comes to these kinds of weather extremes,” Joshua Rhodes, a University of Texas energy expert, tells Axios.

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"We must go further": 70% of adults in European Union are fully vaccinated

About 70% of adults in the European Union are fully vaccinated against COVID-19, Ursula von der Leyen, the president of the European Commission, said Tuesday.

Why it matters: The milestone makes the E.U. one of the world's leaders in inoculations, after an initially lagging vaccine campaign, the New York Times notes.

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What Elizabeth Holmes jurors will be asked ahead of fraud trial

Jury selection begins today in USA v. Elizabeth Holmes, with the actual jury trial to get underway on Sept. 8.

Why it matters: Theranos was the biggest fraud in Silicon Valley history, putting both hundreds of millions of dollars and thousands of patients' health at risk.

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