CBS Appoints Richard Parsons As Interim Chairman

(RTTNews) - CBS Corp. (CBS-A, CBS) said that it appointed Richard Parsons as Interim Chairman of the Board of Directors. The Board unanimously approved the appointment, which was recommended by the Board's Nominating and Governance Committee.

The company also announced that Bruce Gordon and William Cohen, who have served on the Board of Directors since CBS became a stand-alone public company in 2006, have decided to step down from their posts to focus on other personal and professional priorities.

The Board unanimously adopted a resolution to express its thanks and appreciation to Messrs. Gordon and Cohen for their long and dedicated service to CBS, and to wish them well on their future endeavors.