NEW YORK (Reuters) – CBS Corp
Parsons, who said he had complications from a form of cancer, will be replaced by Strauss Zelnick, who founded the media-focused private equity firm Zelnick Media Capital, according to the statement.
Zelnick currently serves as Chief Executive Officer and Chairman of the Board of Directors of Take-Two Interactive Software, Inc. Zelnick also joined the board in September.
Also last month, CBS Chief Executive Officer Leslie Moonves resigned amid allegations of sexual assault and harassment. Moonves has said the accusations were false.
At that time, CBS also announced a deal to end litigation against controlling shareholder Shari Redstone and National Amusements Inc for control of the broadcaster and media company. Six board members stepped down and new directors were appointed including both Parsons and Zelnick.
(Reporting By Jessica Resnick-Ault; editing by Grant McCool)