With new board in place, CBS to decide Moonves’ exit pay
NEW YORK (AP) — The newly elected CBS board faces daunting tasks: deciding whether former CEO Les Moonves gets a $120 million exit package following a sexual-misconduct investigation and charting a path for CBS to recover after the scandal.
Correction: CBS-Parsons story
In some versions of a headline on a story Oct. 21 and 22 about an interim CBS chairman resigning, The Associated Press erroneously reported the last name of the chairman. It's Parsons, not Parson.
A corrected version of the story is below:
Parsons resigning from CBS board for health reasons
Richard Parsons resigning from CBS Corp. board of directors; Zelnick named new interim chairman