CBS announced late Sunday that it has reached an agreement with longtime CEO Les Moonves that will see the executive exit the company he has…
CBS announced late Sunday that it has reached an agreement with longtime CEO Les Moonves that will see the executive exit the company he has led for the last 15 years, effective immediately.
The CBS board also reached a settlement to end its nasty legal fight with its controlling stakeholder, National Amusements Inc. In May, CBS filed a suit against Shari Redstone and National Amusements, a family-run business that controls roughly 80 percent of the voting power in both CBS and Viacom.
Read the full article on The Wrap
