Date
13 November 2018
Richardson Parsons said he has complications from a form of cancer. Photo: Reuters
Richardson Parsons said he has complications from a form of cancer. Photo: Reuters

CBS interim chairman resigns from board because of ill health

CBS Corp. interim chairman Richard Parsons has resigned from the board for reasons of ill health about a month after joining, Reuters reports, citing a company statement.

Parsons, who said he had complications from a form of cancer, will be replaced by Strauss Zelnick, who founded the media-focused private equity firm Zelnick Media Capital, according to the statement.

Zelnick currently serves as chief executive and chairman of the board of directors of Take-Two Interactive Software Inc. Zelnick also joined the board in September.

Also last month, CBS chief executive Leslie Moonves resigned amid allegations of sexual assault and harassment. Moonves has said the accusations were false.

At that time, CBS also announced a deal to end litigation against controlling shareholder Shari Redstone and National Amusements Inc. for control of the broadcaster and media company. Six board members stepped down and new directors were appointed including both Parsons and Zelnick.

– Contact us at [email protected]

CG

EJI Weekly Newsletter

Please click here to unsubscribe