Richard D. Parsons, a longtime media executive who less than a month ago was named the interim chairman of CBS to help stabilize the company, said on Sunday that he was stepping down because of illness. Forced again to reshuffle its leadership ranks, the CBS Corporation named as his replacement Strauss Zelnick, the head of the video game publisher Take-Two Interactive Software. Mr. Zelnick, who is widely respected within the media industry, was appointed to the CBS board in early September. Several accusations of sexual misconduct were made against Leslie Moonves, its chief executive, as well against a longtime leader of its news division. As CBS worked to resolve the disputes, Mr. Parsons was instrumental in negotiating the departure of Mr. Moonves.

Source: New York Times October 21, 2018 22:55 UTC