CBS interim chairman resigns from board because of ill health

October 23, 2018 00:00:00

Richard Parsons

NEW YORK, Oct 22 (Reuters): CBS Corp (CBS.N) interim chairman Richard Parsons has resigned from the board for reasons of ill health about a month after joining, the company said in a statement on Sunday.

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.