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CBS Corporation appoints Leslie Moonves as chairman

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Staff writer | New York, N.Y., USA |
Leslie MoonvesFebruary 4, 2016, New York, N.Y., USA - CBS Corporation announced that Leslie Moonves has been elected the next chair of the board.
Mr. Moonves joined CBS in 1995 after a career at Warner Bros. Television and Lorimar Television. He has held positions as President of CBS Entertainment (1995-1998), President and CEO of CBS Television (1998-2003) and Chairman of CBS Television (2003-2004).

In 2004, Mr. Moonves also became Co-President and Co-Chief Operating Officer of Viacom and remained so until CBS's separation from Viacom in 2006 when he became President and Chief Executive Officer of CBS Corporation.

Mr. Moonves' election by the Board follows the recent resignation of Sumner M. Redstone from his position of Executive Chairman and his appointment to the role of Chairman Emeritus, CBS Corporation.

Before electing Mr. Moonves, the CBS Board offered the position of Non-Executive Chair to Ms. Redstone, but she declined.

Ms. Redstone serves as Co-Founder and Managing Partner of Advancit Capital, a venture capital firm that invests in early stage companies focusing on media, entertainment and technology.

Ms. Redstone also serves as Vice Chair of Viacom, and as President of National Amusements which is the controlling shareholder of Viacom and CBS, and owner of the international chain of Showcase and Cinema de Lux theaters.


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