Don’t worry, CBS; Les Moonves is sticking around for a while.
CBS Corporation president and CEO Moonves has reached an agreement with the company to remain through at least June 2019, CBS announced Thursday.
The new agreement supersedes Moonves’ previous contract with CBS, which was due to conclude in 2017.
Moonves’ salary will remain at its current level, however, and he will continue to be eligible for annual bonuses and equity-based compensation.
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