Leslie Moonves has a new post at CBS Corp. following the resignation of Sumner Redstone from his position as Executive Chairman.
The company announced today that Moonves was elected Chairman. Officially, he was elected by a unanimous vote of the Board to be Chair of the CBS Board of Directors.
Redstone, whose resignation was effective Feb. 2, was appointed Chairman Emeritus.
Moonves, who will remain President and CEO of CBS, was nominated for the new post by Shari E. Redstone, Vice Chair of the CBS Board. Shari Redstone, the daughter of Sumner Redstone, will remain in her position.