 |
| Joseph Ianniello |
Joseph Ianniello has been named Chief Operating Officer of
CBS Corporation, it was announced Wednesday by Leslie Moonves, the Company’s
President and Chief Executive Officer.
In this new role, Ianniello will continue to oversee all
financial operations and work closely with Moonves and senior management to
maximize the monetization of the Company content, including oversight of
negotiations for digital streaming, retransmission consent fees and reverse
compensation from affiliates. In this five-year agreement, he will continue to
report to Moonves and be based in both New York
and Los Angeles .
“Joe’s
role in CBS’s success these past several years has been extraordinary,” said
Moonves. “He’s been a game-changing CFO, but he’s also so much more than that.
He is a tough negotiator, a great manager, and someone who brings energy, passion
and a great sense of teamwork to anything he does. He is also someone who has
developed incredible trust and admiration on Wall Street, with our
shareholders, our board of directors and my superb senior management team, of
which he is an integral part. I am proud to promote Joe to this new position,
which not only recognizes the many contributions he has already made, but sets
him up for all the great work yet to be done.”
Ianniello
was named Chief Financial Officer of CBS Corporation in 2009. Before that, he
served as Deputy Chief Financial Officer, where he was responsible for the
Company’s financial strategy across its operations, in addition to worldwide
treasury, tax, information systems and technology, corporate development –
including mergers and acquisitions – and risk management. Prior to that, Ianniello served as Senior
Vice President, Chief Development Officer and Treasurer.
Before the
separation of CBS and Viacom Inc., Ianniello held several key roles at Viacom,
including Senior Vice President and Treasurer (2005) and Vice President of
Corporate Development (2000-2005), where he was integrally involved in
identifying and assessing potential mergers and acquisitions for the company.
No comments:
Post a Comment