[ad_1]
CBS has suspended its search for a new CEO and has extended the contract of its interim chief, Joe Ianniello, for an additional six months, while the most-watched US television channel is trying to replace the former president The Moonves.
Mr Moonves left the company in September as a result of mbadive allegations of badual misconduct. Since then, CBS has been trying to find a replacement and Mr. Ianniello, Mr. Moonves' high-ranking lieutenant, has intervened.
In a statement, the CBS Board congratulated Mr. Ianniello for his "outstanding leadership in this unprecedented transition period" and his "commitment to a culture change".
"We are very pleased to recognize Joe's talents and efforts with this expansion," said the board.
Mr Ianniello is expected to stay until the end of this year.
Source link
