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Exiting CBS Exec’s Separation Package Detailed

Oct 12, 2018  •  Post A Comment

“A day after CBS unveiled the appointment of Laurie Rosenfield in the new role of chief people officer, the company confirmed in an SEC filing on Friday that chief administrative officer and chief human resources officer Anthony Ambrosio is leaving,” The Hollywood Reporter says. “Ambrosio, who joined CBS in 1985, will serve as a consultant after he resigns from his position at the end of October, for which he will earn $100,000 per month, according to the filing.”

THR adds: “As part of his separation agreement, Ambrosio will receive a $1,875,000 severance payment, a $1,302,083 bonus in 2018, and a $2,970,000 bonus severance, for a total amount of more than $6 million.”

THR notes that Ambrosio is also eligible for a bonus of up to $1.2 million next year for his consulting service.

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