RD Recap: Changes at CBS; A Departure at Harper’s

By Noah Davis Comment

Revolving Door

Les Moonves moves up at CBS Corp. The CEO and president takes over the chairman spot from Sumner Redstone, who’s seen his role reduced in recent years. “I am honored to accept the chairmanship of this great Company,” Moonves said in a statement. “I want to thank Sumner for his guidance and strong support over all these years. It has meant the world to me.” The stock spiked on the news. Meanwhile, Philippe Dauman is the new executive chairman at Viacom, replacing Redstone. Dauman had been president and CEO of the company. “In choosing a successor to Sumner, the board considered the need for seasoned leadership in this time of unprecedented change, Philippe’s business experience and unparalleled knowledge of Viacom and his long-term vision for the company,” said William Schwartz, a Viacom board member, in a statement…

Ellen Rosenbush goes back to the top of Harper’s after a spell as editor at large. The reason? Christopher Cox, who replaced her just three months ago, was fired by publisher John MacArthur following a fight about a cover redesign. The move “came as a complete surprise,” Cox says, which is fair, considering the fanfare he received when hired. Still, the move isn’t totally unprecedented in the long, rocky history of its editorial decisions… Maxim loses publisher Kevin Martinez after two years… Condé Nast Traveler poaches Mark Lloyd, Peter St. John and Parker Bowab from The New York Times. The trio will work on the ad side…