UPDATE 1-CBS suspends CEO search, fueling Viacom merger expectations - My viral News

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Thursday, 25 April 2019

UPDATE 1-CBS suspends CEO search, fueling Viacom merger expectations

UPDATE 1-CBS suspends CEO search, fueling Viacom merger expectationsCBS Corp on Tuesday said it had suspended its search for a new chief executive and extended the role of its interim CEO Joseph Ianniello until the end of the year, renewing speculation the U.S. media company will seek to merge with peer Viacom Inc. Ianniello, who was previously the company's chief operating officer, became interim CEO in September after the CBS board ousted then-CEO Leslie Moonves over accusations of sexual harassment and assault.




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