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Another executive is reportedly exiting Paramount.
Today, Sabrina Caluori, evp, kids and family marketing at Paramount+ and CMO, Nickelodeon, announced she’s exiting the company in a memo to staff covered by numerous media outlets.
Paramount did not immediately reply to a request for comment.
“Writing notes like this one is never easy,” Caluori said in the memo. “Nickelodeon was the very first brand that I loved. Getting to work alongside all of you to share that love with today’s kids (including my own) has been a dream come true.”
Caluori joined Nickelodeon in August 2021, serving as svp of brand and content strategy. The executive took over as Nickelodeon’s head of marketing in 2022, replacing Jenny Wall. The position led on- and off-air consumer marketing, brand creative, and content launches globally across linear, digital and social platforms. In addition, Caluori oversaw brand and creative marketing, supporting content for Nickelodeon’s linear networks and content developed for Paramount+.
In the memo, Caluori noted some of the marketing accomplishments from her team, including bringing back Nickelodeon’s Splat in an award-winning campaign and celebrating the 25th anniversary of SpongeBob Squarepants.
“I’m incredibly proud of what we’ve accomplished together, but what I’m most proud of is the culture we created,” Caluori wrote. “Jumping into the unexpected, striving to make the mundane magical, and doing it all LIKE A SPONGE.”
The executive added, “My support for you remains steadfast as we transition to this new chapter.”
The news comes amid a series of high-profile exits as Paramount merges with Skydance Media and the company looks to cut costs and eliminate redundancy.
Among the exits, Paramount+ Domestic and Showtime CMO Michael Engleman announced he was stepping down from his role last week. Meanwhile, ad sales veteran David Lawenda, who served as chief digital advertising officer at Paramount, announced in June that he was leaving after a collective 21 years at the company.
In addition, Paramount promised in June to realize $500 million in cost reductions, and the company recently announced it planned to lay off 15% of its U.S. workforce as part of that effort.