With the abrupt exit of Leslie Moonves as CBS CEO, front-runners for the job include former Turner Broadcasting CEO John Martin and newly added CBS board member Richard Parsons, Variety reports.
“In addition, the CBS board of directors is expected to initiate a process that could see possible internal candidates such as acting CBS Corp. CEO Joseph Ianniello and Showtime CEO David Nevins make their cases for the job,” the publication reports.
“Variety has learned that Shari Redstone, head of National Amusements, Inc., which owns a controlling share of CBS, met with Martin some time in the last six weeks,” the report adds. “The former Turner executive has since emerged as a potential front-runner for the top CBS position. Martin exited Turner in June, where he had been CEO, after AT&T finalized its long-simmering acquisition of the company’s corporate parent Time Warner.”
Variety also reports: “Parsons emerged as a top consigliere to Redstone in the now-settled legal fight between CBS and NAI and the negotiations for Moonves’ exit. A veteran executive, Parsons led Time Warner through the recovery from its disastrous marriage to AOL, and was recently added in an overhaul of the CBS board tied to Moonves’ ouster.”