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Variety

Joe Ianniello, Who Takes Over as Interim CEO at CBS, Comments on Moonves’ Departure

Sep 10, 2018  •  Post A Comment

Joe Ianniello, who is now acting president and CEO of CBS following Sunday’s ouster of Leslie Moonves amid sexual misconduct allegations, told CBS staffers he is committed to fostering a “safe and positive working environment” at the company, Variety reports.

In a memo circulated today to the company’s 20,000 workers around the world, Ianniello writes: “Never has it been more important for us to make it abundantly clear that CBS has a steadfast commitment to diversity, inclusion and a safe and positive working environment. This is an integral part of our growth plan as together we unlock the immense talents across our entire employee base.”

Ianniello’s memo adds: “Today also marks a major transition for all of us as Leslie Moonves departs from CBS. Les’ departure occurs at a time when we are operating from a position of great strategic strength. As you all know, there is amazing work going on across the Company, and I feel confident we have the best people in the business to continue building on our outstanding success.”

Variety adds: “Ianniello noted that CBS Corp. spends about $7 billion a year on content across all of its divisions — the CBS network, Showtime, its local O&O stations and publisher Simon & Schuster.”

In the memo, Ianniello notes: “The strength and evolution of all of these businesses has led us to where we are today — a global premium content powerhouse. Time and again, we have developed and executed strategies that capitalize on our unique and advantageous position, and what’s most exciting is that we are still in the early innings of that process.”

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