WASHINGTON (dpa-AFX) - Richard Parsons, former chief executive officer of Time Warner Inc., will join the board of CBS Corp. (CBS-A, CBS) as the media company pursues a merger with Viacom Inc. (VIAB, VIA).
Parsons, 70, is the sole new nominee to the board, according to a CBS regulatory filing Friday. The company plans to hold its annual meeting May 18 in New York.
Separately CBS said CEO Leslie Moonves received total compensation of $69.6 million in 2017, little changed from a year earlier.
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