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CBS names Parsons interim chairman

Published 09/25/2018, 11:11 PM
© Reuters.  CBS names Parsons interim chairman
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  • CBS has named Richard Parsons its interim chairman with a unanimous board vote.
  • Parsons replaces Les Moonves in the seat; he had joined the board concurrent with Moonves' exit just over two weeks ago.
  • "We have a distinguished and independent board that is steadfast in its commitment to serve the best interests of all shareholders," Parsons says. "I think I speak for all board members when I say I look forward to learning more about CBS' compelling opportunities and how we can help guide and support the company's growth."
  • The company also says that longtime boardmembers Bruce Gordon and William Cohen are stepping down to focus on other priorities -- making for an even fresher start for a board that has six new independent members.
  • Now read: Newmont CEO Goldberg nixes talk of bid for Barrick but cooperation possible


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