CBS Directors, Les Moonves Negotiating His Exit as CEO

CBS directors also asking for assurances of autonomy from controlling shareholder National Amusements

By Joe Flint and Keach Hagey

Updated Sept. 6, 2018 2:44 p.m. ET

Independent board members of CBS Corp. are negotiating a possible exit for Chief Executive Leslie Moonves and asking for assurances of autonomy from controlling shareholder National Amusements Inc., people familiar with the matter said.

The fast-moving talks come as CBS and National Amusements, led by Shari Redstone, are trying to settle a legal dispute over control of the media company that is scheduled for trial in Delaware next month…

https://www.wsj.com/articles/cbs-directors-les-moonves-negotiating-his-exit-as-ceo-1536248559?mod=hp_lead_pos2