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CBS Corp. Extends Chairman/CEO Les Moonves
May 22, 2017 at 12:17 PM (PT)
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CBS CORP. has given Chairman/CEO LES MOONVES a two-year extension that will keep him in his current post through JUNE 2021, BROADCASTING & CABLE reports. MOONVES’ salary will remain at its current level, and he is eligible for bonuses and long-term performance-based incentives.
The new deal also makes MOONVES a senior advisor to the company for an additional five years, with an option to launch a production company with CBS.

