CBS Re-ups Moonves Until 2015

CBS Corp. has signed CEO Leslie Moonves to a new deal that will keep him at the helm of the media company through February 22, 2015.

Per the terms of his new contract, Moonves’ salary remains at its current level ($3.5 million, as established in a previous agreement dated Oct. 15, 2007). That said, he’ll continue to be eligible for an annual performance-based bonus and CBS will also compensate Moonves in accordance with gains in the company’s share price.

According

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in