Paramount Global said Wednesday that its international boss Raffaele Annecchino has taken “a leave of absence” from the company, effective immediately.
“Effective today, Raffaele Annecchino, president, film studio, network and international streaming Paramount, will leave the company,” the company said in a statement. The surprise announcement did not immediately detail the reason or whether he or management had made the decision.
The three executives will co-run Paramount’s international business from now on. “JC Acosta, president, international studio, streaming & network for Southern Europe, Latin America, Middle East & Africa, Maria Kyriacou, president, Australia, Canada, Israel & UK, and Mark Specht, vp executives and executives, Central and Northern Europe and Asia, will become interim heads to lead the international business,” the company statement said.
Annecchino is the long-time right-hand man of Paramount Global president and CEO, Bob Bakish. The Italian was most recently based in Madrid, reports for Bakish.
In his role, he oversaw all of Paramount’s media networks and related businesses outside of the United States, including its portfolio of pay-TV entertainment brands and broadcast networks. across six continents. These include Channel 5 in the UK, Telefe in Argentina, Network 10 in Australia and Colors in India through a joint venture with Viacom18. Annecchino has also overseen Paramount’s portfolio of international streaming products Paramount+, Pluto TV, and Noggin.
Annecchino joined MTV Networks International in 1997 as a distribution director after holding positions at Turner International, Cartoon Network, and CNN. In 2002, he was appointed general manager of MTV Spain and then Iberia before continuing his promotion. He became president and chief executive officer of what was then known as ViacomCBS Networks International in December 2020. The company changed its name to Paramount in February.