CBS Corporation Extends Leslie Moonves' Contract Through 2019
To Be Executive Advisor At End Of Deal
December 11, 2014 at 12:33 PM (PT)
CBS CORPORATION has signed LESLIE MOONVES to a new deal to continue as President and CEO through JUNE 30, 2019, at which time he will become an executive advisor to the company with the option of launching a production company under CBS auspices.
MOONVES, whose present contract was to end in 2017, will remain at his current salary level and eligible for performance bonuses and stock price-based compensation. He has been with CBS since 1995.