CBS said that it had sent a search for a permanent suspended CEO, instead of the executive CEO's contract extended – the long-term executive Joseph Ianniello – for another year.
CBS said it would extend the Ianniello contract for a further six months, until 31 December. Ianniello, who joined the CBS in 1997, was named chief operating officer in 2013 and was in that role until September, when the company benefited from a search for the chair and CEO Les Moonves. , that was it was discontinued in the middle of a sexual harassment scandal.
In a press release, CBS said that the extension is a testament to Ianniello's achievements.
“Joe has shown exceptional leadership during this time of unprecedented change at the CBS,” the broadcaster's board of directors said in a press release. “He confirmed the pad with a number of important appointments and a commitment to cultural change, and directed it by focusing Christian Brothers' operations on its growth strategy directly to consumers. We are delighted to recognize Joe's talents and efforts with this extension, and we look forward to everything he will continue to contribute to the wonderful momentum of the Christian Brothers. ”
The decision to search for a CEO was to speculate that SPC could be more open to having a dialogue with his former corporate sister Viacom. While CBS rejected a previous combination, the principal shareholder of both companies, National Amusements Inc., agreed not to put pressure on a merger for two years, could have changed. on the landscape of the programs. Viacom Bob Bakish, chief executive of NAI and the Vice Chairs of CBS and Viacom, are said to have an edge if there is a merger.
.Leave a comment