Top Candidate Emerges to Replace Moonves as CBS Chief Executive

Dec 19, 2018  •  Post A Comment

As CBS tries to move past the Leslie Moonves situation and the company’s sexual harassment scandal and get on with the business of finding a new CEO, The Wall Street Journal is reporting that a top candidate for the position has surfaced in former Walt Disney Co. Chief Operating Officer Tom Staggs.

“The interest in Mr. Staggs has been informally conveyed to the executive, who left Disney in 2016 when it became clear he wouldn’t succeed Robert Iger as Disney’s chief executive,” WSJ reports, citing sources who are familiar with the matter.

“Mr. Staggs is first on the list — which includes about 10 people — ‘by a reasonably wide margin,’ one of the people said,” The Journal reports, adding: “Wooing him could be challenging. When he was approached weeks ago, Mr. Staggs expressed reservations but remained open to further discussions, people close to the parties said.”

The report adds: “Other potential candidates for the CEO position include Hasbro Inc. CEO and CBS director Brian Goldner and Starz Chief Operating Officer Jeffrey Hirsch, a person close to the process said. Mr. Goldner’s contract with Hasbro expires in 2022, and a noncompete agreement prevents him from moving to an entertainment company that is primarily directed toward children and families.”

WSJ also notes: “CBS interim CEO Joe Ianniello is also a candidate. CBS interim Chairman Strauss Zelnick took himself out of consideration earlier this month.”

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