24-04-2019 00:48 via adage.com

CBS suspends CEO search

CBS Corp. suspended its search for a new chief executive officer, extending the tenure of acting CEO Joe Ianniello through the end of the year and buying time for the company to decide if it wants to merge with Viacom Inc.Ianniello, formerly chief operating officer, was promoted to the role in September 2018 after the ouster of longtime boss Les Moonves, who was accused of sexual misconduct. CBS’s board has been searching for a permanent CEO for the past few months, and had planned to made
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