The latest in:
Les Moonves
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01/18/2019
Moonves Fighting Denial of $120 Million CBS Severance
CBS previously announced that its board completed the investigation of the former chmn/CEO and he would be denied a $120mln severance. Moonves notified the company he intends to fight that decision.
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12/18/2018
CBS Offering No Severance to Les Moonves
CBS ’ board determined that ousted CEO Les Moonves isn’t entitled to any severance payment, declaring that there are grounds to terminate for cause.
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10/19/2018
Nevins Rises to Chief Creative Officer, CBS
David Nevins is taking on a new challenge, being named chief creative officer for CBS, effective immediately. He’s also been promoted to chmn of Showtime Networks and will continue serving as its CEO.
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09/27/2018
Parsons Named Interim Chairman of CBS Board
Dick Parsons has been named interim chairman of the CBS board.
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09/13/2018
Viacom’s Bakish Steers Clear of Talking Moonves
Viacom CEO Bob Bakish remained focused on the company’s turnaround at an investor conference, steering clear of Les Moonves’ departure from CBS.
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09/12/2018
Moody’s Calls CBS Settlement Credit Negative
When it comes to CBS Corp’s separation and settlement agreement with Les Moonves, Moody’s believes the move is credit negative for the company.