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Wednesday 26 September 2018 1:19 pm  |  Updated:  Tuesday 21 May 2019 4:26 pm

CBS appoints Richard Parsons as interim chair after Lesley Moonves resigns over sexual misconduct allegations

By: Josh Mines

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  US media giant CBS has appointed an interim chairman to replace Lesley Moonves, who resigned earlier this month following a wave of sexual assault allegations. 

Richard Parsons will step in as interim chair – CBS also said two other board members, Bruce Gordon and William Cohen would step down to focus on other personal and professional priorities. 

Moonves resigned at the start of September just after the New Yorker magazine published new sexual assault allegations from six women, which Moonves vigorously denies. 

"Dick Parsons has a combination of deep industry knowledge and unmatched corporate and board experience," said Candace Beinecke, chair of CBS' Nominating and Governance Committee. "We are fortunate to have Dick in this leadership role.

"We have a distinguished and independent board that is steadfast in its commitment to serve the best interests of all shareholder," she added. 

Previously Parsons served as chief exec of Time Warner from 2002 to 2007, and was chair of Time Warner between 2003 and 2009. He also served as chair of Citigroup for three years. 

Read more: CBS boss Les Moonves resigns following sexual misconduct accusations

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