After a decade-plus run at Paradigm, president Greg Bestick is stepping down from his role and retiring. In an internal memo Friday, Bestick referenced the tumult facing the agency business, and Paradigm, as it navigates a Hollywood shutdown due to the novel coronavirus pandemic. "Paradigm now has to regroup.
But the foundation is there, the talent is there, the opportunity to rebuild the business in a new and stronger way is there," Bestick wrote. "All it takes is teamwork and a willingness to see and strive for a better, more hopeful future." In late March, the agency underwent a significant round of layoffs and pay cuts to its 600-member workforce and later set up a $1.1 million relief fund for the impacted individuals.