Richard Parsons steps down from CBS Board of Directors
Richard Parsons has resigned from the CBS Board of Directors, including his position as Interim Chairman of the Board, the company announced. "The reason for my departure relates to the state of my health," said Parsons. "As some of you know, when I agreed to join the board and serve as the interim chair, I was already dealing with a serious health challenge - multiple myeloma - but I felt that the situation was manageable. Unfortunately, unanticipated complications have created additional new challenges, and my doctors have advised that cutting back on my current commitments is essential to my overall recovery. I trust CBS' distinguished Board, now led by Strauss Zelnick, as well as CBS' strong management team led by Joe Ianniello, will continue to successfully guide this Company into its very bright future." Effective immediately, Strauss Zelnick will assume Parsons' position as Interim Chairman of the Board, CBS. The appointment follows a unanimous decision this evening by the CBS Board.