Sydney, March 18, 2024: Paramount Global (NASDAQ: PARA, PARAA) has today announced that Beverley McGarvey has been appointed President of Network 10, Head of Streaming and Regional Lead for Australia and New Zealand, effective immediately.

This new and expanded position reports to Pam Kaufman, President & CEO of International Markets, Global Consumer Products and Experiences, and reflects the critical importance of the Australia and New Zealand markets for Paramount Global.

In her expanded role, McGarvey will have both commercial and creative leadership of Paramount’s multi-platform business in Australia, with oversight of Network 10 and its portfolio of brands, including 10 Play.

McGarvey will maintain her current responsibilities, overseeing all original content out of Australia in alignment with Paramount’s global studio organisation and the businesses’ commercial capabilities. She will also continue to lead Paramount+ in Australia, reporting to Marco Nobili, EVP and International General Manager of Paramount+, in this capacity.

Kaufman said: “Beverley is one of Australia’s leading media executives and has a proven track record of driving creative and commercial success in one of our most important, priority markets.

“With Beverley at the helm, we are well-positioned to maintain our strong position in Australia as the only global media company with a successful free-to-air network and powerful free and paid streaming platforms, powered by our global content pipeline and our range of originally produced Australian shows.”

McGarvey said: “I am excited to take on this expanded role at such a pivotal time for Paramount’s multi-platform business in Australia.

“I look forward to propelling the Australian business forward and working with the incredible local and international teams, under Pam’s leadership, as we continue to pursue our multi-platform growth strategy, investing in key commercial partnerships and contributing to our global pipeline of content.”

Rod Prosser, Chief Sales Officer, Paramount Australia and New Zealand will continue to work closely with McGarvey to further strengthen revenue growth and strategy across the business.

Prosser and his portfolio will now fully align with Paramount Advertising International, reporting directly to Lee Sears, President International Markets Advertising Sales.